NJ S715

Establishes a "Small Business Interruption Grant Program" through the New Jersey Economic Development Authority to provide grants to small businesses suffering economic loss from extended closures caused by State or public entity infrastructure and construction projects.

Defines eligible small businesses as independently owned, employing fewer than 10 individuals, with annual gross revenue of $1,500,000 or less, experiencing closures of one month or longer.

Grant amounts are determined based on operating expenses incurred by the small business during the extended closure period.

Creates a "Small Business Interruption Grant Program Fund" financed by contributions from entities responsible for prolonged infrastructure projects, with contributions capped at 5% of estimated total project costs.

Applies retroactively to small businesses affected by qualifying projects before or after the bill's effective date.