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New Jersey Economic Development Authority Readopts, Amends Garden State Film, Digital Media Jobs Program

Jan. 7, 2020, 10:20 PM

The New Jersey Economic Development Authority Jan. 6 readopted the Garden State Film and Digital Media Jobs Program with minor amendments for corporate income tax purposes. The rule includes measures clarifying that: 1) the approval referenced in the definition of “tax credit vintage year” is the initial approval; 2) the timeframe for commencement of principal photography refers to completed application; 3) the efforts made to ensure equal employment opportunities for minority persons and women in the recruitment, selection, appointment, promotion, training, and related employment areas may include both prior and prospective efforts; and 4) the phrase “tax credit vintage year” ...

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