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S 1056 New Jersey Senate · 2024-2025 Regular Session

Requires EDA to create needs-matching website for eligible entities.

S 1056 requires New Jersey's Economic Development Authority (EDA) to create a free online platform connecting eligible innovation-focused businesses and organizations with suppliers. The website will allow entities in industries like biotechnology, renewable energy, and advanced computing to post needs (such as equipment, labor, or space) and find matching suppliers. It also mandates the EDA to include a searchable list of public and private funding sources, including state/federal grants, directly on the platform. This bill affects businesses, research facilities, hospitals, and universities operating in specified technology sectors across New Jersey.
Issues: ✓ EnergySupports EnergyBill explicitly lists renewable energy as a key industry for the EDA platform, enabling businesses to access suppliers/funding to advance sector growth.85% confidence ✓ TechnologySupports TechnologyBill S 1056 requires creation of an online platform and supports innovation-focused businesses, including those in advanced computing, thereby advancing the technology sector.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Oct 10, 2024
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
2
Oct 10, 2024
Committee
Referred to Senate Budget and Appropriations Committee
upper
Oct 10, 2024
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Andrew Zwicker
Andrew Zwicker
DDemocratic
NJ
16
P
Photo of Linda Greenstein
Linda Greenstein
DDemocratic
NJ
14