Provides CBT and gross income tax credits for construction or expansion of certain meat processing facilities.

Summary

This bill creates tax credits for businesses that build or expand meat processing facilities in New Jersey. It offers incentives through both the Corporation Business Tax and the gross income tax to encourage investment in local meat processing infrastructure. This aims to support the state's agricultural supply chain and local food production.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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