Beginning in 2022, and every two years thereafter, the Authority shall prepare a report on the implementation of the program, and submit the report to the Governor, and, pursuant to section 2 at P.L. 1991, c. 164 (N.J.S.A. 52:14-19.1), to the Legislature. Each biennial report required pursuant to this section shall include the names and locations of qualified businesses receiving capital, including whether they are located in an opportunity zone; the amount of each qualified investment; a report by a certified public accountant, who is licensed in accordance with the Accountancy Act of 1997, P.L. 1997, c. 259 (N.J.S.A. 45:2B-42 et seq.), or licensed in accordance with the laws of another state, of the consolidated performance of the Fund; the cumulative amount of capital committed by tax credit purchasers; the rate and amount of management fees and carried interest charged by each qualified venture firm, including performance-based earnings and carried interest; the classification of each qualified business, according to the targeted industry and the size of the qualified business; the State's return on investment; the total number of jobs created in the State by the qualified business after the qualified investment; the average wages paid for the jobs; and any other metrics the Authority determines are relevant based upon national best practices.
N.J. Admin. Code § 19:31X-1.15