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New Jersey Establishes Tax Credit Program For Brownfields Cleanup And Redevelopment | Lowenstein Sandler LLP

To embed, copy and paste the code into your website or blog: On January 7, Governor Murphy signed into law the Brownfields Redevelopment Incentive Program Act (the Brownfields Act) as part of the broader New Jersey Economic Recovery Act of 2020 (the Recovery Act) (A4/S3925). The Recovery Act, effective immediately, appropriates over $55 million in spending and allows over $14 billion in potential tax credits aimed at various sectors and community projects. The Brownfields Act authorizes $50 million in annual tax credits over six years to eligible developers of underused, contaminated commercial properties, known as “brownfields.” The tax credits are meant to compensate developers for the costs of cleaning up brownfields before development. 

Nesting pairs of bald eagles now found in every New Jersey county

Nesting pairs of bald eagles now found in every New Jersey county By Wayne Parry NEW JERSEY, UNITED STATES - 2011/03/05: Bald Eagle. (Photo by John Greim/LightRocket via Getty Images) NEW JERSEY - Nesting pairs of bald eagles were found last year in all 21 New Jersey counties, something never before documented in more than 40 years of monitoring by wildlife officials and volunteers, according to a report released Thursday. The New Jersey Department of Environmental Protection released the report revealing that researchers found a record 220 nesting pairs of eagles that produced 307 young last year. An additional 28 pairs were tracked at nests but did not lay eggs.

Massachusetts to Ban Sale of New Gas-Powered Cars by 2035

NJ announces new catch-and-release striped bass requirement

TRENTON - To help increase striped bass numbers, the New Jersey Department of Environmental Protection will require anglers to use circle hooks when catch-and-release fishing for striped bass with natural bait, effective Jan. 1, 2021. The requirement stems from changes the Atlantic Striped Bass Management Board made in 2019 to the Interstate Fishery Management Plan, to address overfishing. The board, part of the Atlantic States Marine Fisheries Commission, reduced New Jersey’s striped bass bag limit in 2020 to one fish, between 28 inches and less than 38 inches long, and required states to implement mandatory use of non-offset (inline) circle hooks when fishing for striped bass with natural bait.

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