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Bill > S582
NJ S582
NJ S582Expands EDA small business loan program to include certain broadband telecommunications service providers.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Expands EDA small business loan program to include certain broadband telecommunications service providers.
AI Summary
This bill expands the Economic Development Authority (EDA) small business loan program to include certain broadband telecommunications service providers. The bill defines "broadband telecommunications service" and "broadband telecommunications service provider," and includes these providers as eligible small businesses under the loan program. The authority is required to consult with the Board of Public Utilities in administering the program for broadband providers, similar to how it consults with the Department of Agriculture for eligible farming operations and qualified dairy farmers. The bill also makes some technical changes to the existing law.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S582 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S1000/582_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S1000/582_I1.PDF |
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