§ 52-18a-263

52:18A-263 Purchase of unused tax credits. 89. a. The Director of the Division of Taxation in the Department of the Treasury may purchase unused tax credits awarded under a program listed in subsection b. of this section, including tax credit transfer certificates issued by the director in lieu of a tax credit allowed under such programs. The director shall not pay consideration in excess of 75 percent of the credit amount to be purchased, except for a credit awarded under the 'Emerge Program Act,' sections 68 through 81 of P.L.2020, c.156 (C.34:1B-336 et al.), which shall be subject to the provisions of paragraph (4) of subsection d. of section 77 of P.L.2020, c.156 (C.34:1B-345). b. The Director of the Division of Taxation in the Department of the Treasury may purchase tax credits awarded under the following: (1) the 'Historic Property Reinvestment Act,' sections 1 through 8 of P.L.2020, c.156 (C.34:1B-269 through C.34:1B-276); (2) the 'Brownfield Redevelopment Incentive Program Act,' sections 9 through 19 of P.L.2020, c.156 (C.34:1B-277 through C.34:1B-287); (3) the 'New Jersey Innovation Evergreen Act,' sections 20 through 34 of P.L.2020, c.156 (C.34:1B-288 through

Program Act,' sections 9 through 19 of P.L.2020, c.156 (C.34:1B-277 through C.34:1B-287); (3) the 'New Jersey Innovation Evergreen Act,' sections 20 through 34 of P.L.2020, c.156 (C.34:1B-288 through C.34:1B-302); (4) the 'Food Desert Relief Act,' sections 35 through 42 of P.L.2020, c.156 (C.34:1B-303 through C.34:1B-310); (5) the 'New Jersey Community-Anchored Development Act,' sections 43 through 53 of P.L.2020, c.156 (C.34:1B-311 through C.34:1B-321); (6) the 'New Jersey Aspire Program Act,' sections 54 through 67 of P.L.2020, c.156 (C.34:1B-322 through C.34:1B-335); (7) the ' Emerge Program Act,' sections 68 through 81 of P.L.2020, c.156 (C.34:1B-336 et al.); (8) the Grow New Jersey Assistance Program established pursuant to section 3 of P.L.2011, c.149 (C.34:1B-244); (9) section 6 of P.L.2010, c.57 (C.34:1B-209.4); (10) the State Economic Redevelopment and Growth Grant program established pursuant to section 5 of P.L.2009, c.90 (C.52:27D-489e); (11) section 1 of P.L.2018, c.56 (C.54:10A-5.39b); and (12) section 2 of P.L.2018, c.56 (C.54A:4-12b). L.2020, c.156, s.89.