New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 120 - URBAN ENTERPRISE ZONE AUTHORITY
Subchapter 5 - ENERGY SALES TAX EXEMPTION PROGRAM
Section 5:120-5.2 - UEZA eligibility criteria for Energy Sales Tax Exemption Program

Universal Citation: NJ Admin Code 5:120-5.2

Current through Register Vol. 56, No. 18, September 16, 2024

(a) Subject to the provisions of relevant rules of NJEDA, the eligibility criteria include, but are not limited to, the following in scope and definition:

1. A qualified business which meets requirements including employment levels, manufacturing component of the business, and other requirements, may apply through the NJEDA for the Energy Sales and Use Tax Exemption for UEZ manufacturers.

2. The business must be currently certified in the UEZ program and must submit to tax clearance and such other evaluation as may be established by NJEDA. Upon being notified by the NJEDA of a pending application, the UEZ program shall ascertain the business' status in the UEZ program, and the UEZA or NJEDA shall submit the business' tax release form to the Division of Taxation for the latter to determine whether the business is in tax compliance.

(b) The UEZA and NJEDA shall share information regarding relevant dates, employment, energy consumption and tax savings, as well as copies of approval or denial documents.

(c) All questions regarding the detailed requirements, application procedures and other information concerning the Energy Sales and Use Tax Exemption Program for UEZ Manufacturers should be addressed to the NJEDA through their website: http://www.njeda.com.

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