summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill establishes the "Trenton Makes Commission" (commission). The permanent commission is established to research and implement the best ways to incentivize manufacturing businesses to come into New Jersey, while also focusing on strengthening the current manufacturing business sector already established within the State. The commission is to consist of 13 voting members, including members appointed by the Governor, legislative leaders, and relevant associations and agencies. The appointed members are to serve terms ranging from two to four years. The commission is tasked with studying and analyzing approaches other states have utilized to incentivize and strengthen the manufacturing business sector in those states, identifying cost-effective techniques to incentivize and support both new and existing manufacturing businesses within the State, consulting with the scientific and academic community for expertise and input, and reporting its findings and recommendations to the Governor and Legislature.
AI Summary
This bill establishes the "Trenton Makes Commission," a permanent body within the New Jersey Economic Development Authority, tasked with researching and recommending strategies to attract new manufacturing businesses to New Jersey and to strengthen existing ones. The commission will consist of 13 voting members, including appointees from the Governor, legislative leaders, and representatives from key business and academic organizations, with terms ranging from two to four years. Its responsibilities include studying successful manufacturing incentive programs in other states, identifying cost-effective methods to support both new and established manufacturers, consulting with experts from scientific and academic communities, and reporting its findings and recommendations to the Governor and the Legislature within one year of its first meeting.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/09/2024)
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/2024/S1353 |
| BillText | https://pub.njleg.gov/Bills/2026/S1500/1353_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S1500/1353_I1.HTM |
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