---
type: "Bill"
title: "Authorizes additional $90 million worth of Economic Redevelopment and Growth Grant program tax credits.*"
description: "Authorizes additional $90 million worth of Economic Redevelopment and Growth Grant program tax credits.*"
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "217"
identifier: "S 2041"
citation: "New Jersey S 2041 (217)"
classification: ["bill"]
subjects: ["ECONOMIC DEV", "TAXATION"]
status: "enacted"
primary_sponsors: ["Egan, Joseph V.", "Pintor Marin, Eliana", "Rice, Ronald L.", "Schaer, Gary S.", "Smith, Bob", "Spencer, L. Grace", "Wimberly, Benjie E."]
version_count: 2
action_count: 7
vote_count: 3
first_action: "2016-04-18T04:00:00+00:00"
last_action: "2016-09-07T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/5b6800b4-fc82-4f3d-a422-e3dd7cd69257"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "9867c0b6f09608c73fc6bed219ea6807964865ac3acb1084a4eb6a0a565c255b"
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 S 2041 (217) — Authorizes additional $90 million worth of Economic Redevelopment and Growth Grant program tax credits.*

## 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/S2500/2041_I1.HTM)
2. **Senate Committee Substitute** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S2500/2041_U1.HTM)

## Votes

- Reported out of Senate committee as a substitute — **8–5** (pass) · legislature
- 3RDG FINAL PASSAGE — **52–27** (pass) · legislature
- 3RDG FINAL PASSAGE — **25–14** (pass) · legislature

## Sponsors

- Egan, Joseph V. — primary (person)
- Pintor Marin, Eliana — primary (person)
- Rice, Ronald L. — primary (person)
- Schaer, Gary S. — primary (person)
- Smith, Bob — primary (person)
- Spencer, L. Grace — primary (person)
- Wimberly, Benjie E. — primary (person)
- Ruiz, M. Teresa — cosponsor (person)

## Timeline

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

- **2016-04-18T04:00:00+00:00** Introduced in the Senate, Referred to Senate Budget and Appropriations Committee `introduction, referral-committee`
- **2016-06-06T04:00:00+00:00** Reported from Senate Committee as a Substitute, 2nd Reading
- **2016-06-23T04:00:00+00:00** Passed Senate (25-14) `passage`
- **2016-06-23T04:00:00+00:00** Received in the Assembly without Reference, 2nd Reading
- **2016-06-27T04:00:00+00:00** Substituted for A3488 (ACS)
- **2016-06-27T04:00:00+00:00** Passed Assembly (Passed Both Houses) (52-27-0) `passage`
- **2016-09-07T04:00:00+00:00** Approved P.L.2016, c.51. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5b6800b4-fc82-4f3d-a422-e3dd7cd69257`. Confidence: reported (aggregated from official New Jersey legislature records).