S 3891 New Jersey Senate · 2024-2025 Regular Session

Requires EDA to provide grants to certain small businesses affected by State infrastructure and construction projects.*

This bill creates a New Jersey grant program to help small businesses in low-income communities that suffer economic harm from prolonged state infrastructure or construction projects. The New Jersey Economic Development Authority (EDA) must establish the "Small Business Interruption Grant Program" to award grants based on actual or projected revenue loss, using a $750,000 state appropriation. Eligible businesses must be independently owned, employ fewer than 100 people, be located in a municipality with under 10,000 residents and a poverty rate over 7.5%, and have experienced losses due to state or public entity projects. Grants will be awarded on a rolling basis as applications are submitted, with the EDA administering the program and fund.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 18, 2024 Last action Jun 30, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
Jun 26, 2025
Upper · Passed
Reported out of Senate Committee with Amendments, 2nd Reading
upper
Jun 23, 2025
Committee
Transferred to Senate Budget and Appropriations Committee
upper
Nov 18, 2024
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 2 co-sponsors

Sponsors