Loading chat...

NJ A6017

Bill

Status

Introduced

11/17/2025

Primary Sponsor

Gerard Scharfenberger

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Prohibits the New Jersey Economic Development Authority from issuing any financial assistance, including grants, loans, loan guarantees, tax credits, or other subsidies, for the development or operation of wind energy projects

  • Removes wind energy projects from eligibility under several state programs: the Global Warming Solutions Fund, the Emerge Program tax credits, the Garden State C-PACE (Commercial Property Assessed Clean Energy) program, and the New Jersey Angel Investor Tax Credit program

  • Repeals the existing statute (Section 6 of P.L.2010, c.57) that authorized tax credits specifically for qualified offshore wind projects, including the allocation of up to $350 million in unused Emerge or Aspire Program credits for offshore wind

  • Removes "wind energy" from the statutory definitions of "renewable energy technology" and "renewable energy system" across multiple programs, while retaining eligibility for solar, geothermal, biomass, and other renewable sources

  • Applies to any application submitted to the Economic Development Authority on or after the effective date of the act

Legislative Description

Prohibits EDA from issuing subsidies for wind energy projects.

Telecommunications and Utilities

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee

11/17/2025

Committee Referrals

Telecommunications and Utilities11/17/2025

Full Bill Text

No bill text available