Establishes small hospitality business winter preparation purchase or reimbursement program in EDA; appropriates $50 million to EDA from federal funds.
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates a program within the Economic Development Authority (EDA) to help small hospitality businesses in New Jersey prepare for the winter months. The program will offer financial assistance, either through purchases or reimbursements, to cover costs associated with winterization efforts. The bill allocates $50 million in federal funds to the EDA to support this initiative. This aims to bolster the hospitality industry’s resilience during the winter season.
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