NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
—Overview— On June 30, 2019, Gov. Phil Murphy signed legislation A-5604 (P.L.2019, c.145) authorizing an expansion of New Jersey’s Angel Investor Tax Credit Program. The expansion of the program provides for an increased tax credit on investments and bonuses for businesses located in low-income communities as well as minority or women-owned businesses. This Fast Facts […]
Increasing the Angel Investor Tax Credit would make it easier for startups and emerging technology businesses to succeed in New Jersey, the New Jersey Business & Industry Association (NJBIA) said. The Senate passed the bill on Thursday. “Increasing the tax credit will make New Jersey more attractive to venture capitalists looking for the next big […]
Today, Governor Christie signed S-158 (Madden, Cruz-Perez)/A-3631 (Quijano, Schaer) into law. The new law will extend eligibility for the existing Angel Investor credit to the holding companies of qualified New Jersey emerging technology companies. Previously, investors had to provide funding directly to the subsidiary in order to obtain the tax credit. Additionally, the bill will […]
The new law extending the successful Angel Investor Tax Credit Program to holding companies will make it easier for high-tech businesses to attract investments in their companies, the New Jersey Business & Industry Association said today as Gov. Chris Christie signed the bill, S-158 (Madden, D-4; Cruz-Perez, D-5)/A-3631 (Quijano, D-20; Schaer, D-36). “This law will promote […]
The governor today signed S-158(Madden Cruz-Perez)/A-3631 (Quijano, Schaer) into law, which extends eligibility for the existing Angel Investor tax credit to the holding companies of qualified New Jersey emerging technology companies. Previously, investors had to provide funding directly to the subsidiary in order to obtain the tax credit. Additionally, the law allows owners of S […]
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