New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A5161

Introduced
1/26/23  
Refer
1/26/23  

Caption

Requires Director of Division of Housing and Community Resources in DCA to establish grant program to encourage local governments to promote New Jersey as innovation hub in certain fields; appropriates $100,000.

Impact

The bill's primary goal is to enhance New Jersey's visibility as a center for innovation within various technological fields. By supporting local governments in their promotional efforts, the legislation aims to foster economic growth and attract talent and investment to the state. Requiring municipalities to submit detailed plans and reports ensures accountability regarding how grant funds are utilized and the effectiveness of the promotional campaigns undertaken.

Summary

Bill A5161, introduced in New Jersey, mandates the Director of the Division of Housing and Community Resources to create a grant program aimed at encouraging local governments to promote the state as an innovation hub. The program focuses on specific fields such as bioscience, telecommunications, and clean energy, providing local governments with financial resources to develop and install street pole banners that highlight local and regional achievements in these sectors. An appropriation of $100,000 from the General Fund is outlined to support this initiative.

Contention

One of the notable aspects of Bill A5161 is the structure of the grant application process, which seeks to involve a variety of municipalities — urban, suburban, and rural. This could raise discussions about the equitable distribution of funding and whether certain areas may benefit more than others. Furthermore, while the bill emphasizes promotion, it may also lead to debates on whether such initiatives provide sufficient long-term benefits compared to other forms of innovation support, such as direct funding for research or technology development.

Companion Bills

No companion bills found.

Previously Filed As

NJ A3053

Requires Director of Division of Housing and Community Resources in DCA to establish grant program to encourage local governments to promote New Jersey as innovation hub in certain fields; appropriates $100,000.

NJ S3075

Requires Director of Division of Housing and Community Resources in DCA to establish grant program to encourage municipalities to develop recreational sports and STEM programs for children; appropriates $10 million.

NJ A1969

Requires Director of Division of Housing and Community Resources in DCA to establish grant program to encourage municipalities to develop recreational sports and STEM programs for children; appropriates $10 million.

NJ A587

Establishes "Succeed in New Jersey" student loan reimbursement program for certain New Jersey residents employed in designated fields.

NJ A2283

Requires Director of Division of Local Government Services in DCA to establish grant program to enhance local government efficiency; appropriates $1.5 million.

NJ A4574

Requires Director of Division of Housing and Community Resources in DCA to establish sandbag reserve program for local government to mitigate flooding.

NJ A4968

Requires Director of Division of Housing and Community Resources in DCA to establish State matching grant program to supplement federal Low-income Home Energy Assistance Program; appropriates $205.5 million.

NJ A2911

Establishes "Jersey Craft Beverage Retailer Promotion and Grant Program" in EDA.

NJ S2185

Establishes New Jersey Innovation Authority.

NJ A4933

Requires Director of Division of Housing and Community Resources in DCA to establish program to reimburse municipality which provides services to nonresident homeless persons; requires participation in Homeless Management Information System; appropriates $10 million.

Similar Bills

No similar bills found.