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2011 SESSION

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SB 779 Joint enterprise zone; authorizes DHCD to expand an existing zone consisting of two localities, etc.

Introduced by: L. Louise Lucas | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Redesignation of joint enterprise zones.  Authorizes the Department of Housing and Community Development to expand an existing joint enterprise zone consisting of two localities provided (i) all the local governing bodies of all the localities in which the proposed redesignated zone submit to the Department resolutions supporting the proposed redesignation and applications for the redesignation and (ii) the area of the additional locality that will be included in the redesignated zone is contiguous to the existing joint enterprise zone and includes a revenue-sharing district that has experienced the loss of 900 permanent full-time positions within a 12-month period.


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