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: | 2020 |
| Program name: | Business Retention and Relocation Assistance Grant Program (BRRAG) |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | New Jersey Statutes Annotated 34:1B-114 |
| Abating jurisdiction(s): | State of New Jersey |
| Applicable taxes: | Corporation Business Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $5,922,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $5,922,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.nj.gov/treasury/omb/fr.shtml |
