US EditionExclusive: Study finds NOL program fuels $28B in economic impact
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Exclusive: Study finds NOL program fuels $28B in economic impact
The basics: NJEDA‘s NOL Program generated $28.1B in economic impact in 2024 Over 87,800 jobs supported, $8.6B in compensation $2.84B in tax revenue generated vs. $1.35B in costs since 1999 72% of program companies still operating — twice the industry average A new report assesses the economic impact of the New Jersey Economic Development Authority‘s Technology Business Tax Credit Certificate Transfer Program – aka the Net Operating Loss Program…
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