Establishes Fusion Energy and Technology Incentive Program in EDA to encourage use of power plants for fusion energy and technology purposes; authorizes funds in Global Warming Solutions Fund to support fusion energy and technology facilities.
New Jersey's Assembly Bill A6132 establishes a Fusion Energy and Technology Incentive Program within the state's Economic Development Authority. It provides tax credits to two groups: (1) property owners who lease space on power plant sites (including decommissioned facilities) to fusion energy or technology companies, and (2) the companies operating fusion facilities on those sites. The program is funded using money from the Global Warming Solutions Fund, which supports climate-related initiatives. This policy directly affects power plant owners and fusion technology businesses by creating financial incentives to repurpose existing infrastructure for fusion energy development.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
Governor
Introduced Dec 4, 2025
Last action Dec 4, 2025
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Dec 4, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Robert Karabinchak
DDemocratic
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