Extends certain accommodations for businesses participating in State economic development programs.

S 3303 extends a temporary accommodation for businesses participating in New Jersey's economic development programs, allowing them to reduce the required percentage of full-time employees' time spent at business facilities. The bill extends the existing waiver beyond March 31, 2024, requiring businesses to have employees spend at least 40% of their time at facilities (up from 10%) and pay 20% of their tax credits to municipal affordable housing trust funds (up from 5%). This applies to businesses in programs like the Business Employment Incentive Program and Grow New Jersey Assistance Program. The bill also includes provisions for carrying forward tax credits for up to 20 years and transferring tax credits.