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Bill > A5063
NJ A5063
NJ A5063Establishes "Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technology businesses.
summary
Introduced
01/12/2023
01/12/2023
In Committee
03/23/2023
03/23/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes "Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technology businesses.
AI Summary
This bill establishes the "Innovation Partnership," a program administered by the New Jersey Commission on Science, Innovation and Technology, to provide funding and support for certain nonprofit organizations that promote emerging technology businesses in the state. The bill defines key terms, such as "emerging technology business" and "minority emerging technology business," and outlines the goals and policies of the Innovation Partnership, including identifying and developing new technologies, providing access to capital, and supporting business incubation and spin-out companies. The bill also specifies the process for selecting and certifying the nonprofit organizations that will serve as "Innovation Partners," and establishes the "Innovation Fund" to receive and administer the funding for this program.
Committee Categories
Business and Industry
Sponsors (8)
Reginald Atkins (D)*,
Daniel Benson (D)*,
Linda Carter (D)*,
Christian Barranco (R),
Chris DePhillips (R),
Angela Mcknight (D),
Marilyn Piperno (R),
Chris Tully (D),
Last Action
Reported out of Assembly Comm. with Amendments, 2nd Reading (on 03/23/2023)
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/A5063 |
| Fiscal Note - Fiscal Estimate 8/23/23:1R | https://pub.njleg.gov/Bills/2022/A5500/5063_E1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5063_R1.HTM |
| Analysis - Statement AST 3/23/23 | https://pub.njleg.gov/Bills/2022/A5500/5063_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5063_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2022/A9999/5063_I1.HTM |
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