S 4870·NJ·senate
"Main Street Storefront Investment Credit Act"; provides corporation business and gross income tax credits to small businesses for certain property improvements.
Introduced
Sponsor: Tiver, Latham (R)
Summary
The Main Street Storefront Investment Credit Act would give corporation business tax and gross income tax credits to qualifying small businesses that make certain property improvements to their storefronts. The credits are intended to lower the tax burden for these businesses and encourage investment in main‑street commercial properties. The measure applies to small businesses operating in New Jersey.
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