S 4673 New Jersey Senate · 2024-2025 Regular Session

Establishes EDA grant program to support increased business expenses incurred by certain businesses impacted by certain public highway projects; appropriates $1 million.

This bill establishes a $1 million grant program through New Jersey's Economic Development Authority (EDA) to reimburse small retail businesses (≤50 employees) for increased operating costs caused by public highway projects. It directly helps businesses located in "impacted construction zones" where highway work blocks traffic or access, covering expenses like lost sales during the project's "relief period" (from start to completion). To qualify, businesses must document their normal pre-project costs and show the difference during the project, with grants covering the incremental expense. The EDA will administer the program using the $1 million appropriation, reviewing applications on a rolling basis as funds allow.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
Governor
Introduced Jun 30, 2025 Last action Jun 30, 2025
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Jun 30, 2025
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

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P
Photo of Bob Singer
Bob Singer
RRepublican
NJ
30