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Bill > A6101


NJ A6101

Establishes cybersecurity employment grant program for qualified businesses.


summary

Introduced
12/02/2021
In Committee
12/02/2021
Crossed Over
Passed
Dead
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 provide grants to qualified small to mid-sized businesses (those with fewer than 500 employees) to assist with the establishment and hiring of a cybersecurity specialist position. The grants are intended to cover the startup salary cost for a cybersecurity specialist for one year. The EDA is responsible for administering the program, including setting grant amounts, establishing eligibility requirements, and working with other state agencies to ensure compliance. Grant recipients must provide quarterly reports to the EDA and the EDA must report annually to the Governor and Legislature on the program's functioning and impact.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Commerce and Economic Development Committee (on 12/02/2021)

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