The New Jersey Economic Recovery Act Of 2020: An Overview Of The Offshore Wind Tax Credit Program | Greenbaum, Rowe, Smith & Davis LLP
To embed, copy and paste the code into your website or blog: The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and numerous other economic development initiatives, was signed into law by Governor Phil Murphy on January 7, 2021. This Client Alert focuses on the Offshore Wind Tax Credit Program, which represents an enhancement under the ERA of New Jersey’s existing and underutilized tax credit incentives for “qualified wind en...