Revises New Jersey Aspire Program to clarify that certain incentive awards may not be prorated.

S 3559 clarifies that redevelopment projects approved under New Jersey's Aspire Program before July 6, 2023, will not have their tax credit awards prorated (reduced for partial years) during the project's eligibility period. This specifically affects projects previously subject to proration under the November 5, 2021 regulations but now aligns with current regulations that eliminate this requirement. The bill applies retroactively to all eligible projects already approved, ensuring they receive the full tax credit amount annually without reduction.