Section 52:18A-263 - Purchase of unused tax creditsa. The Director of the Division of Taxation in the Department of the Treasury may purchase unused tax credits awarded under a program listed in subsection b. of this section, including tax credit transfer certificates issued by the director in lieu of a tax credit allowed under such programs. The director shall not pay consideration in excess of 75 percent of the credit amount to be purchased, except for a credit awarded under the "Emerge Program Act," sections 68 through 81 of P.L. 2020, c. 156(C.34:1B-336 et al.), which shall be subject to the provisions of paragraph (4) of subsection d. of section 77 of P.L. 2020, c. 156(C.34:1B-345).b. The Director of the Division of Taxation in the Department of the Treasury may purchase tax credits awarded under the following:(1) the "Historic Property Reinvestment Act," sections 1 through 8 of P.L. 2020, c. 156(C.34:1B-269 through C.34:1B-276);(2) the "Brownfield Redevelopment Incentive Program Act," sections 9 through 19 of P.L. 2020, c. 156(C.34:1B-277 through C.34:1B-287);(3) the "New Jersey Innovation Evergreen Act," sections 20 through 34 of P.L. 2020, c. 156(C.34:1B-288 through C.34:1B-302);(4) the "Food Desert Relief Act," sections 35 through 42 of P.L. 2020, c. 156(C.34:1B-303 through C.34:1B-310);(5) the "New Jersey Community-Anchored Development Act," sections 43 through 53 of P.L. 2020, c. 156(C.34:1B-311 through C.34:1B-321);(6) the "New Jersey Aspire Program Act," sections 54 through 67 of P.L. 2020, c. 156(C.34:1B-322 through C.34:1B-335);(7) the " Emerge Program Act," sections 68 through 81 of P.L. 2020, c. 156(C.34:1B-336 et al.);(8) the Grow New Jersey Assistance Program established pursuant to section 3 of P.L. 2011, c. 149(C.34:1B-244);(9) section 6 of P.L. 2010, c. 57(C.34:1B-209.4);(10) the State Economic Redevelopment and Growth Grant program established pursuant to section 5 of P.L. 2009, c. 90(C.52:27D-489e);(11) section 1 of P.L. 2018, c. 56(C.54:10A-5.39b); and(12) section 2 of P.L. 2018, c. 56(C.54A:4-12b).Added by L. 2020, c. 156, s. 89, eff. 1/7/2021.