Provides that fusion energy and fusion technology companies are eligible to receive benefits under certain economic incentive programs.

This bill (S 366) adds fusion energy and fusion technology companies to the list of eligible applicants for New Jersey's economic incentive programs. It specifically requires the New Jersey Economic Development Authority to update program rules to include these companies under existing definitions for "renewable energy" and "emerging technologies," provided they meet criteria like having NJ headquarters, proprietary intellectual property, and specialized scientific staff. The bill explicitly excludes fusion projects from eligibility under the Clean Energy Program funded by the Universal Service Fund. This change would allow qualifying fusion companies to access financial incentives like grants, tax credits, or loans aimed at stimulating economic development in New Jersey.