"End Data Center Tax Credits Act"; reduces tax credits available for Next New Jersey Program.*

Summary

The End Data Center Tax Credits Act would place an overall $11.5 billion limit on a group of existing tax‑credit programs, including the Next New Jersey Program, and earmark $2.5 billion for Aspire Program transformative projects. It also authorizes the Board of Public Utilities to issue credits for energy‑storage projects and creates a temporary gross‑income credit for certain residential ratepayers. The measure was withdrawn and replaced by Senate Bill 4390.

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