New Jersey Statutes 34:1B-355. Working Group on Entrepreneur Zones
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Terms Used In New Jersey Statutes 34:1B-355
- census: means the latest Federal census effective within this State. See New Jersey Statutes 1:1-2
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
90. a. There is established in the New Jersey Economic Development Authority a Working Group on Entrepreneur Zones for the purpose of making recommendations for the establishment of entrepreneur zones throughout the State. The working group shall consider whether the establishment of entrepreneur zones in which the State provides the tax incentives, regulation relief, and financial support to local entrepreneurs is the most effective way to create jobs in the State. The working group shall identify census tracts within the State that are suitable for designation as an entrepreneur zone.
b. The working group shall consist of 14 members appointed by the chief executive officer of the New Jersey Economic Development Authority.
c. Appointments to the working group shall be made within 30 days after the effective date of P.L.2021, c.160. Vacancies in the membership of the working group shall be filled in the same manner as the original appointments were made.
d. Members of the working group shall serve without compensation, but the authority shall reimburse such members for actual expenses necessarily incurred in the discharge of their duties.
e. Members of the working group shall be subject to the provisions of subsection l. of section 4 of P.L.1974, c.80 (C. 34:1B-4).
L.2020, c.156, s.90; amended 2021, c.160, s.44.