NJ A4787

Creates a new urban enterprise zone in Atlantic City for a 10-year period, increasing the maximum number of enterprise zones statewide from 32 to 33

Qualifies businesses operating on casino properties for enterprise zone benefits, provided they are not owned by the casino and meet standard program criteria; casinos themselves are explicitly excluded from qualified business status

Entitles certified businesses in the Atlantic City zone to a 50% exemption from state sales tax under the Sales and Use Tax Act

Targets Atlantic City specifically through population and geographic criteria: municipalities with casino gaming authorized, population between 38,500 and 40,500, located in a fifth-class county with population between 260,000 and 300,000

Requires applications to be submitted within 90 days of the act's effective date, with zone designation occurring within 90 days of application submittal