New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S553

Introduced
1/11/22  
Refer
1/11/22  
Report Pass
11/3/22  
Engrossed
3/20/23  
Refer
3/20/23  
Report Pass
5/11/23  
Engrossed
5/25/23  
Enrolled
12/11/23  
Chaptered
1/8/24  

Caption

Adds technology transfer duties to New Jersey Commission on Science, Innovation and Technology.

Impact

If enacted, S553 would have significant implications for state law regarding the roles and responsibilities of the Commission. It would authorize the Commission to implement initiatives that encourage technology transfer, thereby directly influencing how public research is utilized. This could lead to an increase in partnerships and funding opportunities for startups and established businesses in New Jersey, promoting job creation and economic growth. Furthermore, it positions higher educational institutions as vital players in driving local innovation and industry growth.

Summary

Bill S553 seeks to amend the duties of the New Jersey Commission on Science, Innovation and Technology by explicitly adding technology transfer responsibilities. The legislation aims to enhance collaboration between public and private research institutions and industry, thereby facilitating the transfer of technology and research outputs to the commercial sector. By emphasizing technology transfer, the bill intends to foster innovation and promote economic development within the state, making use of existing resources and expertise in higher education and technology sectors.

Sentiment

The general sentiment around bill S553 appears to be supportive, particularly among stakeholders in the technology and education sectors. Proponents argue that by enhancing the Commission's focus on technology transfer, the state can better harness its intellectual resources for economic benefit. However, there may be concerns from entities that worry about the practical implementation of these measures and how effectively the Commission can manage increased responsibilities without additional funding or support.

Contention

While the bill has garnered support, it may face contention regarding funding and resource allocation. Questions about how the Commission will fund the expanded technology transfer activities and whether existing budgets can accommodate these changes are potential points of debate. Additionally, stakeholders may raise concerns about equitable access to the benefits of technology transfer initiatives, ensuring that smaller businesses or less established research institutions are not sidelined in favor of larger entities with more resources.

Companion Bills

NJ A4238

Same As Adds technology transfer duties to New Jersey Commission on Science, Innovation and Technology.

Previously Filed As

NJ S1664

Requires New Jersey Commission on Science, Innovation, and Technology to establish matching grant program for public research universities that receive certain federal research grants; appropriates $5 million.

NJ HB855

Workgroup on Establishing a Science and Technology Best Practices and Innovation Network - Alterations

NJ S1316

Establishes NJ Fusion Technology Industry Commission.

NJ SB1871

Emerging Innovative Border Technologies Act

NJ AJR184

Establishes "New Jersey Technology Task Force."

NJ HB20

Technology & Innovation Division

NJ S458

Establishes New Jersey Forensic Science Planning Commission.

NJ A972

Establishes New Jersey Forensic Science Planning Commission.

NJ HB993

Emerging Innovative Border Technologies ActThis bill requires U.S. Customs and Border Protection (CBP) and the Science and Technology Directorate of the Department of Homeland Security to develop a plan to identify, integrate, and deploy emerging and innovative technologies to improve border security operations. Such technologies may incorporate artificial intelligence, machine-learning, automation, fiber-optic sensing technology, nanotechnology, optical and cognitive radar, modeling and simulation technology, hyperspectral and LIDAR sensors, and imaging, identification, and categorization systems. The bill authorizes CBP to establish one or more Innovation Teams to research and adapt commercial technologies that may be used by CBP.The plan must describe how the Innovation Teams have been implemented and also detailgoals and timelines for adoption of qualifying technologies,metrics and key performance parameters for determining the plan's effectiveness,which technologies used by other federal agencies CBP may also utilize,which existing authorities CBP may use to procure technologies,how CBP legacy border technology programs may be replaced,the expected privacy and security impact of security-related technology on border communities, andrecent technological advancements in specified technologies.CBP must provide the plan to Congress within 180 days of the bill’s enactment. The bill also requires CBP to annually report to Congress regarding the activities of the Innovation Teams.

NJ S2185

Establishes New Jersey Innovation Authority.

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