or Login to see your representatives.

Access Candidates' and Representatives' Biographies, Voting Records, Interest Group Ratings, Issue Positions, Public Statements, and Campaign Finances

Simply enter your zip code above to get to all of your candidates and representatives, or enter a name. Then, just click on the person you are interested in, and you can navigate to the categories of information we track for them.

[x] close
Print Track This Legislation

Key Votes

S 581 - Establishes Tax Credits for Investors in Small Business Technology - Key Vote

New Jersey Key Votes

Sean Kean voted Nay (Passage) on this legislation.

Read recent statements Sean Kean made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Establishes Tax Credits for Investors in Small Business Technology

Vote Smart's Synopsis:

Vote to pass a bill that establishes tax credits for investors in emerging technology businesses, beginning tax years after January 1, 2012.

Signed by Governor Chris Christie

Legislation - Bill Passed (House) (47-30) - (Key vote)

Title: Establishes Tax Credits for Investors in Small Business Technology

Vote Smart's Synopsis:

Vote to pass a bill that establishes tax credits for investors in emerging technology businesses, beginning tax years after January 1, 2012.

Highlights:
  • Establishes tax credits for investors in New Jersey emerging technology businesses for 10 percent of the investment, effective for tax years beginning after January 1, 2012 (Secs. 3 - 5).
  • Defines “New Jersey emerging technology business” as a high-technology company with fewer than 225 employees, of whom at least 75 percent are filling a position in New Jersey, and that is doing business in New Jersey (Sec. 2).
  • Requires a New Jersey emerging technology business to meet at least 1 of the following criteria (Sec. 2):
    • The company is conducting research in New Jersey;
    • The company conducts pilot scale manufacturing in New Jersey; or
    • The company conducts technology commercialization in New Jersey in the fields of:
      • Advanced computing or materials;
      • Life science;
      • Biotechnology; or
      • Technology for information, medical devices, electronic devices, mobile communications, or renewable energy.
  • Limits the maximum allowed tax credits per investment in New Jersey high-technology businesses to $500,000 for each tax year (Secs. 3 & 4).
  • Limits the cumulative total of tax credits issued each year for investments in New Jersey high-technology businesses to $25 million (Sec. 3).
See The Voting Record

Legislation - Bill Passed (Senate) (33-0) - (Key vote)

Title: Establishes Tax Credits for Investors in Small Business Technology

See The Voting Record
Legislation - Introduced (Senate) -

Title: Establishes Tax Credits for Investors in Small Business Technology

Sponsors

Co-sponsors

About Project Vote Smart

Help Us If You Can

Media & Communications

Education

For Candidates

One Common Ground, Philipsburg, MT 59858 Hotline: 888-Vote-Smart (888-868-3762)
All content © 1992 - 2013 Project Vote Smart unless otherwise attributed - Privacy Policy - Legislative demographic data provided by Aristotle International, Inc. Mobile Version

Back to top