Authorizes creation of additional urban enterprise zone.

This bill authorizes the creation of one additional urban enterprise zone (UEZ) in Burlington City, Burlington County, bringing the total number of designated zones to 33. Qualified businesses within the new zone would receive a 50% reduction in sales tax on retail transactions. The zone must be designated within 90 days of Burlington City submitting a complete application and zone development plan to the New Jersey Urban Enterprise Zone Authority. The bill specifies that the new zone must meet certain population and poverty criteria as outlined in the legislation.