Bill

Bill > S3220


NJ S3220

Establishes cybersecurity employment grant program for qualified businesses; appropriates $750,000.


summary

Introduced
05/13/2024
In Committee
05/13/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill establishes a program in the Department of Labor and Workforce Development (DOLWD) for the purpose of awarding grants for the creation and establishment of cybersecurity specialist positions in small to mid-sized businesses located in New Jersey. Under the program, the DOLWD is to provide grants, in an amount as determined by the DOLWD, to one or more "qualified small to mid-sized business" to assist with the establishment and hiring of a "cybersecurity specialist position," as defined in the bill, within that business. Under the bill, the term "qualified small to mid-sized business" would include a business entity employing fewer than 500 employees that is independently owned and operated, that operates primarily within this State, and that satisfies other criteria that may be established by the DOLWD. The bill establishes eligibility requirements for business participation in the program. Additionally, the bill designates the responsibilities of both the DOLWD, such as the DOLWD's responsibility to work in conjunction with the New Jersey Office of Homeland Security and Preparedness, the Department of Banking and Insurance, and the Office of the Attorney General in administering the program, and the participating small to mid-sized businesses, such as the responsibility to provide quarterly reports to the DOLWD. The bill includes an appropriation of $750,000 from the General Fund to the DOLWD to administer the program.

AI Summary

This bill establishes a cybersecurity employment grant program within the Department of Labor and Workforce Development (DOLWD) to provide grants to qualified small to mid-sized businesses (those with fewer than 500 employees) to help them hire and establish cybersecurity specialist positions. The program will award grants, up to the cost of one year's startup salary for a cybersecurity specialist, to eligible businesses. The DOLWD will administer the program in consultation with other state agencies, set wage requirements, and balance the available funding against the need for cybersecurity staffing among small and mid-sized businesses. The bill includes a $750,000 appropriation from the General Fund to the DOLWD to administer the program.

Committee Categories

Justice

Sponsors (2)

Last Action

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 05/13/2024)

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