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NJ S4110
Bill
Status
2/3/2025
Primary Sponsor
Andrew Zwicker
Click for details
AI Summary
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Establishes a matching grant program through the New Jersey Commission on Science, Innovation, and Technology for public research universities seeking federal research grants that require or favor proposals with financial matching funds
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Appropriates $5 million from the General Fund to implement the program
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Requires the commission to evaluate applications based on potential economic development impact, alignment with priority industries, enhancement of research and innovation capacity, student involvement opportunities, and equitable distribution among universities
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Matching grant funds can only be used for federal research proposals that either require a financial match or give preference to proposals with matching funds in place
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Mandates annual reports to the Governor and Legislature detailing grant recipients and the program's effectiveness in promoting economic development in New Jersey
Legislative Description
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.
Higher Education
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee
2/3/2025