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NJ A4366
Bill
Status
2/19/2026
Primary Sponsor
Alex Sauickie
Click for details
AI Summary
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Expands the definition of "Class I renewable energy" in New Jersey law to include nuclear fission alongside existing sources like solar, wind, geothermal, and fuel cells.
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Creates a Corporate Business Tax (CBT) credit for the production of clean baseload power, incentivizing nuclear and other clean energy generation facilities.
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Amends the Electric Discount and Energy Competition Act (P.L.1999, c.23) and supplements the Corporation Business Tax Act (P.L.1945, c.162).
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Introduced February 19, 2026 by Assemblyman Alex Sauickie representing District 12 (Burlington, Middlesex, Monmouth, and Ocean counties).
Legislative Description
Modifies definition of Class I renewable energy to include nuclear fission; provides CBT tax credit for production of clean baseload power.
Telecommunications and Utilities
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee
2/19/2026