A3159 — Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue.

A3159 — Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue. · Informed CitizenryThis legislation establishes a new condition that must be met before a New Jersey business can receive certain economic development subsidies. Specifically, the bill prohibits awarding any such sub…Open in Informed Citizenry