Bill
Bill > S4038
NJ S4038
Establishes cybersecurity employment grant program for qualified businesses.
summary
Introduced
11/08/2021
11/08/2021
In Committee
11/08/2021
11/08/2021
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill establishes a program in the New Jersey Economic Development Authority (EDA) for the purpose of awarding grants for the creation and establishment of cybersecurity specialist positions in small to mid-sized businesses located in New Jersey. Under the program, the EDA is to provide grants, in an amount as determined by the EDA, to a "qualified small to mid-sized business," as that term is defined in the bill, to assist with the establishment and hiring of a "cybersecurity specialist position," as defined in the bill, within that business. The bill establishes eligibility requirements for business participation in the program. Additionally, the bill designates the responsibilities of both the EDA, such as the EDA's responsibility to work in conjunction with the New Jersey Office of Homeland Security and Preparedness, the Department of Banking and Insurance, and the Office of the Attorney General in administering the program, and the participating small to mid-sized businesses, such as the responsibility to provide quarterly reports to the EDA.
AI Summary
This bill establishes a cybersecurity employment grant program within the New Jersey Economic Development Authority (EDA) to assist qualified small to mid-sized businesses (those with fewer than 500 employees) in hiring cybersecurity specialists. The EDA will provide grants to cover the first year's startup salary costs for these positions. The program aims to address the need for cybersecurity staffing among small and mid-size businesses in New Jersey. The bill outlines the eligibility requirements for businesses, the responsibilities of the EDA and participating businesses, and reporting requirements to ensure compliance and measure the program's effectiveness.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 11/08/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bills/BillView.asp?BillNumber=S4038 |
| BillText | https://www.njleg.state.nj.us/2020/Bills/S4500/4038_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/S4500/4038_I1.PDF |
Loading...