Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | New Jersey |
Effected Jurisdiction: | New Jersey |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2017 |
Program name: | Technology Business Tax Certificate Transfer (NOL) Program |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | State of New Jersey |
Applicable taxes: | Corporate Business Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $35,221,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $35,221,000 |
Type of loss: | Active |
Additional notes on dislosure: | New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits. |
Document source: | https://www.nj.gov/treasury/omb/fr.shtml |