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NJ S1626

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Andrew Zwicker

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Establishes the Department of Commerce and Innovation as a new principal department in the Executive Branch of New Jersey state government, headed by a Governor-appointed Commissioner
  • Transfers the Business Action Center (formerly in the Department of State) and the New Jersey Economic Development Authority (formerly in the Department of Treasury) to the new department
  • Relocates the New Jersey Commission on Science, Innovation and Technology from the Department of Treasury to the new department
  • Appropriates $1 million from the General Fund to implement the new department's establishment
  • Requires the Commissioner to submit a report within three months identifying additional functions from other state agencies that could be transferred to or from the new department to improve coordination of economic development efforts

Legislative Description

"Department of Commerce and Innovation Act"; establishes Department of Commerce and Innovation as principal department in Executive Branch of State government; appropriates $1 million.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

1/13/2026

Committee Referrals

Commerce1/13/2026

Full Bill Text

No bill text available