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.

This bill establishes the Fusion Energy and Technology Incentive Program within New Jersey's Economic Development Authority to encourage the use of power plants for fusion energy and technology development. The program provides tax credits to two groups: property owners who lease space on power plants to fusion companies (15% of rent plus 35% of qualifying capital investments) and fusion companies operating facilities on power plant sites (35% of qualifying capital investments). Eligible property owners include any individual or business that owns a power plant, while eligible fusion companies must be based in New Jersey with proprietary intellectual property and specialized workforce. The program limits tax credits to $5 million annually for property owners and $10 million for companies, with funds drawn from the Global Warming Solutions Fund. This legislation aims to support fusion energy technology development through targeted financial incentives.