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  • NJ A4432
  • Provides increased tax credit amounts under Grow New Jersey Assistance Program for certain businesses that have collaborative research relationships with colleges or universities.*
Introduced
(12/19/2016)
In Committee
(6/26/2017)
Crossed Over
(6/29/2017)
Passed
(6/29/2017)
Signed
(8/7/2017)
Dead/Failed/Vetoed
2016-2017 Regular Session
The bill allows a business located within a three-mile geographic area surrounding the campus of a New Jersey public research university and having a collaborative research relationship with the university, designated under the bill as a "Garden State Create Zone," to receive base and bonus tax credits for job creation and retention activity under the Grow New Jersey Assistance (Grow NJ) Program. Additionally, the bill allows a business within a three-mile geographic area surrounding the campus of a State college or university, a county college, or an independent institution of higher education and having a collaborative research relationship with these entities, to receive bonus tax credits under the Grow NJ Program.
2nd Reading in the Assembly, Bills and Joint Resolutions Signed by the Governor, Commerce and Economic Development, Passed Assembly, Passed both Houses
Approved P.L.2017, c.221.  (on 8/7/2017)
 
 

Date Chamber Action Description
8/7/2017 S Approved P.L.2017, c.221.
6/29/2017 S Passed Senate (Passed Both Houses) (32-0)
6/29/2017 S Emergency Resolution (32-0) (Cunningham)
6/29/2017 S Substituted for S2841 (SCS)
6/29/2017 S Received in the Senate without Reference, 2nd Reading
6/29/2017 A Passed by the Assembly (65-8-5)
6/26/2017 A Reported from Assembly Comm. as a Substitute, 2nd Reading
6/26/2017 Assembly Budget Hearing (19:00 6/26/2017 A-4432 (1R), A-4784 (1R) and A-5038 are pending referral. * Revi)
6/26/2017 A Transferred to Assembly Budget Committee
6/26/2017 Assembly Budget Hearing (19:00 6/26/2017 A-4432 (1R), A-4784 (1R) and A-5038 are pending referral.)
6/12/2017 A Reported out of Asm. Comm. with Amendments, and Referred to Assembly Appropriations Committee
6/12/2017 Assembly Commerce and Economic Development Hearing (19:00 6/12/2017 )
12/19/2016 A Introduced, Referred to Assembly Commerce and Economic Development Committee
Date Motion Yea Nay Other
Detail 6/29/2017 Senate Floor: Third Reading - Final Passage 32 0 8
Detail 6/29/2017 Senate Floor: Enact Emergency Clause 32 0 8
Detail 6/29/2017 Assembly Floor: Third Reading - Final Passage 65 8 7
Detail 6/29/2017 Senate Floor: Substitute For S2841 (Voice Vote) 0 0 0
Detail 6/26/2017 Assembly Budget Committee: Reported with Substitution 10 3 0
Detail 6/12/2017 Assembly Commerce and Economic Development Committee: Reported with Amendments 9 0 3