52:27H-70 - First two enterprise zones; criteria for designation
52:27H-70. First two enterprise zones; criteria for designation
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.