Bill

Bill > A3063


NJ A3063

NJ A3063
Establishes Blockchain Promotion and Integration Program.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill provides that the New Jersey Commission on Science, Innovation and Technology, in consultation with the New Jersey Economic Development Authority, is to establish the Blockchain Promotion and Integration Program. The bill provides that the program is to meet certain requirements as specified in the bill. The bill requires the New Jersey Commission on Science, Innovation and Technology to analyze the state of the blockchain and decentralized digital technology sectors in New Jersey. The bill provides that, in establishing the Blockchain Promotion and Integration Program, the New Jersey Commission on Science, Innovation and Technology is to: (1) consult with the New Jersey Blockchain Council, and integrate its efforts with those of the council to have the greatest impact on small businesses in New Jersey; and (2) partner with groups that represent small business in New Jersey to connect businesses with the resources of the program and to better serve the business community. The bill also provides that, within one year of its enactment, and every third year thereafter, the commission must report to the Governor and the Legislature on the state of blockchain and decentralized digital technology in New Jersey and make recommendations on how the State can better achieve integration of those technologies with businesses in New Jersey.

AI Summary

This bill establishes a Blockchain Promotion and Integration Program, which will be created by the New Jersey Commission on Science, Innovation and Technology in collaboration with the New Jersey Economic Development Authority. The program aims to increase public understanding of blockchain and decentralized digital technologies, assist businesses in adopting these technologies, connect businesses with program resources, and research commercial opportunities. It will also offer technical and financial aid to companies considering locating in New Jersey, represent New Jersey firms in national and international markets, and attract investment to the state's blockchain and decentralized digital technology industries. To guide its efforts, the Commission will analyze the current state of these sectors in New Jersey, consult with the New Jersey Blockchain Council, and partner with small business advocacy groups. Furthermore, the Commission is required to report to the Governor and Legislature annually on the progress and challenges of integrating these technologies into New Jersey businesses, along with recommendations for improvement.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Introduced, Referred to Assembly Science, Innovation and Technology Committee (on 01/13/2026)

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