S 395 New Jersey Senate · 2024-2025 Regular Session

Establishes NJ Fusion Technology Industry Commission.

S 395 creates the New Jersey Fusion Technology Industry Commission to advance fusion energy and technology development within the state. The commission, composed of 11 members including experts in fusion science, higher education leaders, and economic development officials, will oversee funding for research at public and private colleges, business incubation facilities, and technology transfer programs. It directly affects New Jersey's public and private universities (like Rutgers and NJIT), fusion technology startups, and the state's economic development efforts. The bill establishes the framework for the commission to develop policies, allocate grants, and ensure programs receive adequate funding, though it does not include specific funding amounts or immediate program details.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 0 co-sponsors

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