Gov. Christie yesterday signed legislation extending the Urban Transit Hub Tax Credit program to include wind energy facilities constructed anywhere within the South Jersey Port District. The minimum capital investment requirement is $50 Million (unchanged from the existing UTHTC); however, the minimum job requirement is 300 new full-time employees (vs. 250 full-time employees in the existing UTHTC). The legislation can be accessed by clicking here.
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Urban Transit Hub Tax Credit program expanded to include wind energy facilities
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