New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 47 - NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT
Subchapter 6 - SUBMISSION OF APPLICATION BY BUSINESS ENTITY; ISSUANCE OF CERTIFICATES
Section 5:47-6.5 - Administrative fee
Universal Citation: NJ Admin Code 5:47-6.5
Current through Register Vol. 56, No. 18, September 16, 2024
The Department may charge an administrative fee up to a maximum of one and one half percent of the amount of assistance provided by the business entity. The administrative fee shall be withdrawn by the Department from the Neighborhood Revitalization Non-lapsing Trust Fund at the time the business entity deposits the assistance for each year as provided in the certificate issued by the Department.
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