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Bill > A4960


NJ A4960

NJ A4960
Requires development of manufacturing business attraction, expansion, and retention marketing plan for areas located in certain counties within southern New Jersey.


summary

Introduced
06/08/2017
In Committee
06/08/2017
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill requires the Secretary of State (secretary), within one year of the effective date of the bill, to develop and implement a manufacturing business attraction, expansion, and retention marketing plan (marketing plan) for areas located in Atlantic, Cape May, Cumberland, and Salem counties (southern New Jersey). The secretary is to update the marketing plan once every five years thereafter. The purpose of the marketing plan is to develop strategies, policies, legislative proposals, short-range and long-range goals, and government reforms that help attract new manufacturing businesses to, and retain and expand existing manufacturing businesses in, southern New Jersey and to encourage the growth of jobs and capital investment within, and services to, southern New Jersey. The secretary is authorized to request assistance from the New Jersey Business Action Center (center) and the New Jersey Economic Development Authority (authority) and any other State agency to provide any information, resources, or other assistance deemed necessary to discharge the secretary's responsibilities under the bill to develop and implement the marketing plan. The assistance is to include, but not be limited to: the authority and the Department of Treasury for advice and information concerning manufacturing business funding assistance programs; the Department of Labor and Workforce Development for assistance in developing workforce development strategies; the Department of Transportation and the New Jersey Transit Corporation for information and guidance concerning public transportation network and infrastructure projects that would most effectively connect population centers with employers within southern New Jersey; the center to assist in manufacturing business attraction, expansion, and retention strategies and advising on smart growth development strategies; and the Department of Community Affairs for assistance with coordination between the urban enterprise zone program and the marketing plan.

AI Summary

This bill requires the Secretary of State to develop and implement a manufacturing business attraction, expansion, and retention marketing plan for areas located in the southern New Jersey counties of Atlantic, Cape May, Cumberland, and Salem. The purpose of the plan is to help attract new manufacturing businesses, retain and expand existing ones, and encourage the growth of jobs and capital investment in the region. The Secretary is authorized to request assistance from various state agencies, such as the New Jersey Economic Development Authority and the New Jersey Business Action Center, to gather information and resources to support the development and implementation of the marketing plan.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Commerce and Economic Development Committee (on 06/08/2017)

bill text


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