52:27H-70. First two enterprise zones; criteria for designation
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/nj/title-52/chapter-27h/52-27h-70·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The first two areas and municipalities designated as enterprise zones by the authority shall meet all the following criteria:
a. A rate of unemployment among residents in the area and among residents of the municipality exceeding one and one-half times the national unemployment rate as determined by the most recently available data from the Bureau of Labor Statistics in the United States Department of Labor;
b. At least 20% of the population of the area and population of the municipality receive incomes below the poverty level, as defined by the United States Department of Labor;
c. At least 20% of the residents of the area and residents of the municipality depend upon public assistance as their primary source of income.
L.1983, c. 303, s. 11, eff. Aug. 15, 1983.