Bill
Bill > S1226
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill requires the New Jersey Economic Development Authority (EDA) to create a website, in collaboration with eligible entities under the bill, for the purpose of matching the needs and supplies of eligible entities. As defined in the bill, "eligible entity" means an entity in this State that does business in at least one of the following industries: advanced computing, advanced materials, biotechnology, electronic device technology, information technology, life sciences, medical device technology, mobile communications technology, or renewable energy technology. The EDA is required to make this website available to eligible entities including, but not limited to, businesses, real estate professionals, medical institutions, research facilities, non-profit organizations, professional associations, higher education institutions, and investors. Under the bill, the website is required to provide a platform on which an eligible entity may match its needs with a supplier for physical locations, equipment, labor, and other appropriate assets or services. The EDA is also required to provide a list of public and private funding sources and investment opportunities, including information on State and federal grant programs, which may be appropriate for an eligible entity.
AI Summary
This bill requires the New Jersey Economic Development Authority (EDA) to create and maintain a website to help "eligible entities" find what they need and who can supply it. An "eligible entity" is defined as a business in New Jersey operating in specific high-tech or science-related industries like advanced computing, biotechnology, life sciences, or renewable energy technology. The website will serve as a platform where these eligible entities, which can include businesses, research facilities, universities, and investors, can post advertisements for their needs, such as physical locations, equipment, or labor, and find suppliers. Additionally, the EDA will include a list of public and private funding sources, including state and federal grants, and investment opportunities on the website to support these entities.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/13/2026)
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/2026/S1226 |
| BillText | https://pub.njleg.gov/Bills/2026/S1500/1226_I1.HTM |
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