Section 34:1B-254 - Definitions relative to financing of certain businesses.

NJ Rev Stat § 34:1B-254 (2019) (N/A)
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34:1B-254 Definitions relative to financing of certain businesses.

1. As used in P.L.2017, c.261 (C.34:1B-254 et seq.):

"Authority" means the New Jersey Economic Development Authority established by section 4 of P.L.1974, c.80 (C.34:1B-4).

"Qualified business" means a business that qualifies, under criteria established by the authority, as a small, woman-owned, or minority-owned New Jersey-based business, manufacturer, redeveloper, or non-profit organization.

"Regional center" means an area designated as a "regional center" in the State Development and Redevelopment Plan adopted pursuant to the "State Planning Act," P.L.1985, c.398 (C.52:18A-196 et al.).

"Urban center" means an area designated as an "urban center" in the State Development and Redevelopment Plan adopted pursuant to the "State Planning Act," P.L.1985, c.398 (C.52:18A-196 et al.).

L.2017, c.261, s.1.