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NJ S2426

Bill

Status

Introduced

1/29/2024

Primary Sponsor

Robert Smith

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires the New Jersey Economic Development Authority (EDA) to allocate at least 12 percent of all small business loan program funds each calendar year to businesses owned or controlled by veterans

  • Grants priority within the veteran allocation to businesses owned or controlled by veterans with service-connected disabilities as declared by the U.S. Department of Veterans Affairs or Department of Defense

  • Defines "veteran" as any New Jersey resident honorably discharged or released under honorable circumstances from active service in any branch of the U.S. Armed Forces

  • Amends the existing small business loan program (P.L.2011, c.201) that provides loans for capital purchases, employee training, and salaries for new positions

  • Takes effect immediately upon enactment

Legislative Description

Requires solid waste management districts to develop strategy to reduce food waste; requires DEP to adopt certain rules and regulations regarding composting facilities.

Substituted by another Bill

Last Action

Substituted by A2090 (2R)

12/22/2025

Committee Referrals

Budget and Appropriations6/20/2024
Environment and Energy1/29/2024

Full Bill Text

No bill text available