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Bill > S3952
NJ S3952
NJ S3952Requires EDA to establish program providing grants to certain chambers of commerce; appropriates $1.5 million.
summary
Introduced
06/12/2023
06/12/2023
In Committee
06/12/2023
06/12/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Requires EDA to establish program providing grants to certain chambers of commerce; appropriates $1.5 million.
AI Summary
This bill requires the New Jersey Economic Development Authority (EDA) to establish a "New Jersey Business Recovery Grant Program" that provides grants of up to $25,000 to qualified chambers of commerce in the state. The grants can be used for programming and regular operations of these chambers, which are associations that promote and protect the interests of local business communities. The bill also establishes a "New Jersey Business Recovery Fund" to provide the grant funding, and appropriates $1.5 million from the General Fund to the EDA for this purpose. The EDA is given authority to adopt temporary regulations to implement the program and can use additional funds as necessary.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 06/12/2023)
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/S3952 |
| BillText | https://pub.njleg.gov/Bills/2022/S4000/3952_I1.HTM |
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