Garden State Growth Zone at the Atlantic City International Airport
On October 3, 2018, Governor Murphy signed into law A-3676 (Mazzeo/Armato) / S-2307 (Sweeney/Van Drew), which would create a Garden State Growth Zone (GSGZ) at the Atlantic City International Airport and surrounding areas. The CCSNJ supported this measure. The GSGZ designation allows for enhanced incentives to qualified businesses that choose to locate within one mile of the airport or nearby technical center. Under the statue, the type and amount of eligibility for certain incentives offered under the Grow New Jersey Assistance Program and the Economic Redevelopment and Growth Grant (ERG) Program for businesses located in a GSGZ would be expanded in an effort to entice businesses to locate in the area.
Related Links : https://www.njleg.state.nj.us/2018/Bills/PL18/120_.HTM