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Bill > A5540


NJ A5540

NJ A5540
Establishes Artificial Intelligence Grant Program in Office of Secretary of Higher Education.


summary

Introduced
04/10/2025
In Committee
04/10/2025
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill establishes the Artificial Intelligence Grant Program, the purpose of which is to make funds available to nonprofit entities providing education and training in artificial intelligence. Under the bill, a nonprofit entity that wishes to participate in the grant program is to submit an application to the Secretary of Higher Education in a manner and form determined by the secretary. In order to receive a grant, a nonprofit entity is required to demonstrate that it provides comprehensive education and training programs in artificial intelligence. The bill directs the secretary to consider a number of listed factors when awarding grants, including, among others, whether the nonprofit entity organizes events that provide a platform for the exchange of ideas, networking, and educational opportunities concerning the ethical use of artificial intelligence and whether the nonprofit entity has established partnerships with government agencies to ensure collaborative growth and streamlined efforts between the State and the private sector. The secretary is to annually select four nonprofit entities to receive grants in an amount not to exceed $25,000 per grant. A nonprofit entity that receives a grant under the provisions of the bill is to submit a report to the secretary, Governor, and Legislature on the use and impact of the grant funds. The bill also establishes the "Artificial Intelligence Education Fund," which is to be used to provide grants to nonprofit entities pursuant to the provisions of the bill. The bill provides that there is to be appropriated each State fiscal year to the "Artificial Intelligence Education Fund" such funds as are necessary to effectuate the provisions of the bill.

AI Summary

This bill establishes the Artificial Intelligence Grant Program within the Office of the Secretary of Higher Education, designed to provide financial support to nonprofit organizations focused on artificial intelligence (AI) education and training. Under this program, eligible nonprofit entities must submit an application and demonstrate comprehensive AI educational initiatives to receive grants. The secretary will annually select four nonprofits to receive up to $25,000 each, considering factors such as the number of AI educational programs, startup challenges, event networking opportunities, government partnerships, and board diversity. Recipients must submit a report detailing the use and impact of their grant funds. The bill also creates the "Artificial Intelligence Education Fund" to support these grants, with funding to be appropriated annually by the state. The goal is to promote AI education, support emerging entrepreneurs, encourage ethical AI development, and foster collaboration between the public and private sectors in advancing AI knowledge and innovation.

Committee Categories

Military Affairs and Security

Sponsors (2)

Last Action

Introduced, Referred to Assembly Public Safety and Preparedness Committee (on 04/10/2025)

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