Creates "Manufacturing Reboot Program" in EDA to provide financial assistance to certain manufacturing businesses; makes $10 million appropriation to EDA.
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates the "Manufacturing Reboot Program" within the New Jersey Economic Development Authority (EDA) to provide financial assistance to eligible manufacturing businesses. The program aims to help these businesses recover from the economic impacts of the COVID-19 pandemic and adapt to new market demands, particularly in the healthcare sector. It will provide grants ranging from $25,000 to $150,000 to businesses that meet specific criteria, including those producing vaccines or healthcare products. The bill also includes a $10 million appropriation to fund the program.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Michael Testa
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours