---
type: "Bill"
title: "Revises priority schedule for issuance of converted tax credits under Business Employment Incentive Program."
description: "Revises priority schedule for issuance of converted tax credits under Business Employment Incentive Program."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "217"
identifier: "A 4002"
citation: "New Jersey A 4002 (217)"
classification: ["bill"]
subjects: ["BUS TAXES"]
status: "enacted"
primary_sponsors: ["Schaer, Gary S."]
version_count: 1
action_count: 6
vote_count: 3
first_action: "2016-06-23T04:00:00+00:00"
last_action: "2016-06-30T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/6f3165ad-5ca8-4b0a-8936-09ff3b85530d"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "3fc1a3daa4c6641c82887a31727fee1fb23f39c019e8eea8fe4a88ae56a61693"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey A 4002 (217) — Revises priority schedule for issuance of converted tax credits under Business Employment Incentive Program.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/A4500/4002_I1.HTM)

## Votes

- 3RDG FINAL PASSAGE — **66–9** (pass) · legislature
- Reported favorably out of committee — **13–0** (pass) · legislature
- 3RDG FINAL PASSAGE — **28–9** (pass) · legislature

## Sponsors

- Schaer, Gary S. — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2016-06-23T04:00:00+00:00** Introduced in the Assembly, Referred to Assembly Budget Committee `introduction, referral-committee`
- **2016-06-23T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2016-06-27T04:00:00+00:00** Passed Assembly (66-9-0) `passage`
- **2016-06-27T04:00:00+00:00** Received in the Senate without Reference, 2nd Reading
- **2016-06-30T04:00:00+00:00** Passed Senate (Passed Both Houses) (28-9) `passage`
- **2016-06-30T04:00:00+00:00** Approved P.L.2016, c.9. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6f3165ad-5ca8-4b0a-8936-09ff3b85530d`. Confidence: reported (aggregated from official New Jersey legislature records).