Bill
Bill > A5158
NJ A5158
Establishes advertisement grant program for emerging businesses in science and technology.
summary
Introduced
01/26/2023
01/26/2023
In Committee
11/27/2023
11/27/2023
Crossed Over
06/30/2023
06/30/2023
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes advertisement grant program for emerging businesses in science and technology.
AI Summary
This bill establishes the "New Jersey Emerging Business Advertising Grant Program" administered by the New Jersey Economic Development Authority. The program provides grants to "emerging businesses in science and technology" - defined as companies with fewer than 225 employees, at least 75% of whom are based in New Jersey, that are engaged in technology commercialization in industries such as advanced computing, biotechnology, and renewable energy. The grants are intended to support the advertising and marketing expenses of these eligible businesses to stimulate economic development in the state. The authority is required to adopt rules and regulations to implement the program.
Committee Categories
Business and Industry
Sponsors (6)
Roy Freiman (D)*,
Carol Murphy (D)*,
Chris Tully (D)*,
Yvonne Lopez (D),
Ellen Park (D),
Benjie Wimberly (D),
Last Action
Received in the Senate, Referred to Senate Economic Growth Committee (on 11/27/2023)
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/A5158 |
| Analysis - Statement AAP 6/22/23 1R | https://pub.njleg.gov/Bills/2022/A5500/5158_S2.PDF |
| Fiscal Note - Fiscal Estimate 6/23/23; 1R | https://pub.njleg.gov/Bills/2022/A5500/5158_E1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5158_R1.HTM |
| Analysis - Statement AST 2/16/23 | https://pub.njleg.gov/Bills/2022/A5500/5158_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A9999/5158_I1.HTM |
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