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Bill > S366
NJ S366
NJ S366Provides that fusion energy and fusion technology companies are eligible to receive benefits under certain economic incentive programs.
summary
Introduced
01/09/2024
01/09/2024
In Committee
05/16/2024
05/16/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
Provides that fusion energy and fusion technology companies are eligible to receive benefits under certain economic incentive programs.
AI Summary
This bill provides that fusion energy and fusion technology companies are eligible to receive benefits under certain economic incentive programs administered by the New Jersey Economic Development Authority. The bill defines "fusion energy" and "fusion technology" and requires the authority to adopt rules and regulations to include these in the eligibility requirements for its economic incentive programs. The bill also amends existing laws to explicitly include fusion energy and fusion technology within the definitions of "technology company" and "renewable energy technology" for the purposes of related economic development programs.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Reported from Senate Committee with Amendments, 2nd Reading (on 05/16/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S366 | 01/09/2024 |
| BillText | https://pub.njleg.gov/Bills/2024/S0500/366_R1.HTM | 05/17/2024 |
| Analysis - Statement SEG 5/16/24 | https://pub.njleg.gov/Bills/2024/S0500/366_S1.PDF | 05/17/2024 |
| BillText | https://pub.njleg.gov/Bills/2024/S0500/366_I1.HTM | 01/09/2024 |
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