Bill

Bill > A5449


NJ A5449

Removes certain property rights of State agencies in certain instances.


summary

Introduced
03/08/2021
In Committee
05/12/2021
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill amends provisions in the "New Jersey Conflicts of Interest" statutes (N.J.S.A.52:13D-12 et seq.) that allows a State officer or employee, or a special State officer or employee, to enter into a contract with a State agency for the development of scientific or technological discoveries or innovations if the State agency has a property right in the discovery or innovation. This bill removes the condition that the State agency has a property right in the discovery or innovation. It will allow for the use of this provision for contracts in which State agencies does not have a property right.

AI Summary

This bill amends the "New Jersey Conflicts of Interest" statutes to remove the condition that a State agency must have a property right in a scientific or technological discovery or innovation for a State officer or employee, or a special State officer or employee, to enter into a contract with the State agency for the development of that discovery or innovation. This will allow for the use of this provision for contracts in which State agencies do not have a property right.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Reported out of Assembly Committee, 2nd Reading (on 05/12/2021)

bill text


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