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Bill > A5646


NJ A5646

NJ A5646
Establishes "New Jersey Small Business Indoor Air Quality Management Support Program."


summary

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

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill establishes the "New Jersey Small Business Indoor Air Quality Management Support Program." This program shall provide loans to eligible small businesses for the improvement of indoor air quality. This program will be administered by the New Jersey Economic Development Authority (the "authority," as defined in the bill), which shall consult with the Department of Environmental Protection as it applies to indoor air quality standards. The loan funds may be applied to any aspect of the eligible small business intended to improve the business' indoor air quality, including, but not limited to, capital purchases, employee training, and salaries, as determined by the authority, for new positions. Small business loans under this section shall be made pursuant to a small business loan agreement and shall bear interest at rates and terms deemed appropriate by the authority, and contain other terms and conditions considered appropriate by the authority. Any business that has received a grant through the program may apply to the department for a New Jersey Small Business Indoor Air Quality Management Certification. A condition for the issuance of a certificate shall be the completion of a successful indoor air quality management inspection. This inspection is to be performed by the New Jersey Department of Environmental Protection and be based on the Indoor Air Quality Management Checklist promulgated by the United States Environmental Protection Agency.

AI Summary

This bill establishes the "New Jersey Small Business Indoor Air Quality Management Support Program." The program, administered by the New Jersey Economic Development Authority (the "authority"), provides loans to eligible small businesses (those with 100 or fewer employees) for improving their indoor air quality. The loan funds can be used for capital purchases, employee training, and salaries for new positions. Businesses that receive a loan can apply for a New Jersey Small Business Indoor Air Quality Management Certification, which requires a successful indoor air quality inspection by the New Jersey Department of Environmental Protection based on the U.S. Environmental Protection Agency's Indoor Air Quality Management Checklist.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Introduced, Referred to Assembly Labor Committee (on 05/12/2021)

bill text


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