Senator Jim Whelan, D-Atlantic

23 Nov: Whelan Bill To Expand Eligibility Of Neighborhoods For Revitalization Tax Credit Approved By Committee

TRENTON – A bill to expand the number of neighborhoods that could be designated for aid under the “Neighborhood Revitalization State Tax Credit Act” was approved 4-0 yesterday by the Senate Community and Urban Affairs Committee.

Sponsored by Sen. Jim Whelan (D-Atlantic), the bill would name as regional planning entities the New Jersey Meadowlands Commission, the Pinelands Commission, the Fort Monmouth Economic Revitalization Planning Authority (or a successor agency), the Highlands Water Protection and Planning Council, and the Casino Reinvestment Development Authority.