Expands EDA small business loan program to include certain broadband telecommunications service providers.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill expands the New Jersey Economic Development Authority’s (EDA) small business loan program to include certain broadband telecommunications service providers. Specifically, it amends existing law to define ‘broadband telecommunications service provider’ and allows the EDA to offer loans to these providers operating in rural areas. The bill also clarifies definitions related to broadband service and rural areas, and updates the EDA’s rules and regulations to accommodate this expansion.
Bill text
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Document of record
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- Published
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Sponsors
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3 on record
Primary sponsors
Douglas Steinhardt
Michael Testa
Cosponsor
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