Loading chat...

NJ S852

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Michael Testa

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Expands the New Jersey Economic Development Authority (EDA) small business loan program to include broadband telecommunications service providers certified by the Board of Public Utilities to serve rural areas

  • Defines "broadband telecommunications service" as high-speed internet with minimum speeds of 25 megabits per second download and 3 megabits per second upload

  • Defines "rural area" as municipalities with 30,000 or fewer inhabitants and population density under 4,000 persons per square mile

  • Eligible broadband providers include persons, businesses, corporations, partnerships, and rural electric cooperatives certified by the Board of Public Utilities

  • Requires the EDA to consult with the Board of Public Utilities when administering loans to broadband providers and when adopting implementing rules and regulations

Legislative Description

Expands EDA small business loan program to include certain broadband telecommunications service providers.

Economic Growth

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

1/13/2026

Committee Referrals

Economic Growth1/13/2026

Full Bill Text

No bill text available