New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A4298

Introduced

5/6/24

Refer

5/6/24

Caption

Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.

Impact

The bill is designed to facilitate better economic opportunities for veterans, particularly by enabling the New Jersey State Veterans Chamber of Commerce to implement necessary programs that target veteran job creation and business advocacy. The Chamber, functioning as a non-profit, plays a critical role in exploiting networks and resources aimed at enhancing the economic environment for veterans and their families. With the allocated funds, they will be able to continue critical outreach that conveys the importance of these economic initiatives.

Summary

Assembly Bill A4298 proposes a supplemental appropriation of $500,000 to the Department of Community Affairs (DCA) for the New Jersey State Veterans Chamber of Commerce. The funding is intended to support veteran economic development and outreach programs, alongside skills development initiatives for veterans and military spouses. This bill seeks to augment previous fiscal support provided in the FY 2023 budget, emphasizing the state's commitment to improving the economic landscape for veteran-owned businesses in New Jersey.

Contention

The bill mainly garners support as a necessary investment into veteran welfare and economic participation. However, potential points of contention could arise regarding the effective allocation of funds and the accountability of the Chamber in utilizing state money for its outreach and development initiatives. Ensuring that these funds directly translate into meaningful opportunities for veterans may provoke discussions on transparency and the measurement of program efficacy within the community.

Latest NJ A4298 Activity

View All Events: NJ 2024-2025 Regular Session A4298

Companion Bills

NJ S3264

Same As Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.

Previously Filed As

NJ A1159

Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.

NJ SB73

An Act For The Department Of Commerce - Arkansas Economic Development Commission Supplemental Appropriation.

NJ SB73

AN ACT FOR THE DEPARTMENT OF COMMERCE - ARKANSAS ECONOMIC DEVELOPMENT COMMISSION SUPPLEMENTAL APPROPRIATION.

NJ SF3664

Omnibus Jobs and Economic Development policy and supplemental appropriations

NJ SB937

Supplementing and amending appropriations to Department of Economic Development

NJ S1100

Makes supplemental appropriation of $15 million to DMVA for New Jersey Vietnam Veterans' Memorial Foundation for facilities expansion.

NJ HB5316

Supplemental Appropriation to the Department of Commerce - Division of Economic Development from the Unappropriated Balance.

NJ HB5276

Supplemental Appropriation to the Department of Commerce-Division of Economic Development from the Unappropriated Surplus Balance

NJ A4139

Makes supplemental appropriation of $15 million to DMVA for New Jersey Vietnam Veterans' Memorial Foundation for facilities expansion.

NJ SF1832

Omnibus Jobs, Labor Economic Development policy and appropriations

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