Economic development incentive definition

Economic development incentive means a financial incentive,

Economic development incentive means any grant, loan or

Economic development incentive means a financial incentive, awarded by the authority, or agreed to between the authority and a business or person, for the purpose of stimulating economic development or redevelopment in New Jersey, including, but not limited to, a bond, grant, loan, loan guarantee, matching fund, tax credit, or other tax expenditure.

Examples of Economic development incentive in a sentence

• Economic development incentive contractIf the commissioner enters into a contractual relationship with a business regarding the provision of an economic development incentive in return for the business's agreement to locate, expand or retain its facilities in the State, that contract must contain a statement of the State's expected public benefit from its investment of public funds.

• Economic development incentive contract If the commissioner enters into a contractual relationship with a business regarding the provision of an economic development incentive in return for the business's agreement to locate, expand or retain its facilities in the State, that contract must contain a statement of the State's expected public benefit from its investment of public funds.

• Said section 3A of chapter 23A, as so appearing, is hereby further amended 199 by striking out the definition of "Economic development incentive program" and inserting in 200 place thereof the following definition:- 201 “Economic development incentive program” or “EDIP”, a program designed to promote 202 increased business development and expansion in the commonwealth to be administered by the 203 EACC.

• Economic development incentive programs often commit state government to provide tax credits or other tax incentives for a number of years going forward.

• Economic development incentive contract If the commissioner enters into a contractual relationship with an employer a business regarding the provision of an economic development incentive in return for the employer's business's agreement to locate, expand or retain its facilities in the State, that contract must contain a statement of the State's expected public benefit from its investment of public funds.

More Definitions of Economic development incentive

Economic development incentive means the abatements, tax credits, exemptions, grants, loans, or loan guarantees related to economic development activities in this state as determined by the Michigan strategic fund provided under the following acts:

Economic development incentive means a FastTrack job training grant and economic development grant authorized under this part or capital grant authorized under chapter 15 of this title for economic development purposes provided to an employer to attract or retain the employer's physical presence in this state;

Economic development incentive means federal and state statutorily defined programs that receive state funds, dedicated revenue funds and tax expenditures as defined by section 1666 whose purposes are to create, attract or retain business entities related to business development in the State.

Economic development incentive means a grant, loan, or

Economic development incentive means any grant, loan or performance-based incentive from any governmental entity;

Economic development incentive means the payments by the City to the Developer pursuant to Article 3.00 of this Agreement.

Economic development incentive means any grant, loan or performance-based incentive from any government entity that is awarded after September 30, 2008. Economic development incentive does not include any tax provision under title 42 or 43.