N.J. Admin. Code § 19:31X-1.13

Current through Register Vol. 57, No. 1, January 6, 2025

Section 19:31X-1.13 - New Jersey Innovation Evergreen Advisory Board

(a) The New Jersey Innovation Evergreen Advisory Board is established in, but not of, the Authority for the purposes of providing guidance and networking opportunities to qualified businesses. The members of the New Jersey Innovation Evergreen Advisory Board shall serve in a voluntary capacity, to be appointed through a process to be determined by the Chief Executive Officer of the Authority from among tax credit purchasers and other strategic partners identified by the Chief Executive Officer, to support the State's innovation ecosystem. The terms of the voluntary members so appointed, after the initial appointments, shall be one year, and each member may be reappointed thereafter if the tax credit purchaser purchases tax credits in the following year's tax credit auction or if the tax credit purchaser consents.

(b) The members of the New Jersey Innovation Evergreen Advisory Board shall also be required to attend at least the majority of meetings and events that the Authority schedules each year for participation by the members.

Recodified from 19:31-25.13 56 N.J.R. 807(a), effective 5/6/2024