A 5168 New Jersey General Assembly · 2024-2025 Regular Session

Establishes task force to research and report on potential sources of funding for artificial intelligence initiatives and appropriate tax incentives to support businesses impacted by expansion of use of artificial intelligence.

This bill establishes an 11-member Artificial Intelligence Initiative Funding Task Force within New Jersey's Department of the Treasury. The task force will study current public and private funding sources for AI initiatives and recommend tax incentives to support businesses most affected by AI adoption. It must issue a final report within 12 months, including specific recommendations on public-private partnerships, university collaborations, and aligning AI funding with workforce and economic goals. The report will be submitted to the Governor and Legislature for potential future legislation.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025 Last action Jan 14, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 14, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Science, Innovation and Technology Committee
lower
2 primary · 0 co-sponsors

Sponsors