A 3571 New Jersey General Assembly · 2026-2027 Regular Session

Authorizes establishment of regional economic development partnerships.

Bill A 3571 allows counties, municipalities, and local agencies (like economic development organizations) to form regional partnerships for joint economic planning. These partnerships can include businesses, schools, nonprofits, and other local entities to develop strategies for attracting new businesses, retaining existing ones, redeveloping areas, and sharing project costs. Partnerships may access loans or matching grants for marketing, advertising, and business support programs. The bill also permits local governments to create alternative agreements for economic development, requiring approval from the Local Finance Board. (Bill A 3571, introduced January 13, 2026)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

General Assembly Passage

Mar 2026

Senate Passage

Governor

Introduced Jan 13, 2026 Last action May 4, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Technical Review Of Prefiled Bill → Introduced · 4 edits · Jan 13, 2026

MODERATE

The bill moved from a committee-reported version with technical review back to an introduced status pending technical review by Legislative Counsel. Three co-sponsors (Haider, Schaer, and Freiman) were removed, leaving only Assemblyman Karabinchak as sponsor. A standard legislative statement summarizing the bill's purpose was added at the end. No substantive policy changes were made to the bill's provisions.

SCOPE

Co-sponsors Haider, Schaer, and Freiman were removed; only Assemblyman Karabinchak remains as sponsor.

TECHNICAL

Bill status changed from 'As reported by the Assembly Commerce and Economic Development Committee with technical review' to 'Introduced Pending Technical Review by Legislative Counsel,' indicating a procedural reset.

A standard legislative statement was added at the end summarizing that the bill authorizes local governmental entities to form regional economic development partnerships for joint economic planning and strategy formulation.

Minor punctuation adjustments: a comma was added after 'resources' in one clause, and a comma was removed before 'and to assist existing businesses' in another clause.

Floor votes

How they voted

This bill passed the General Assembly by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 4, 2026

Committee

Received in the Senate, Referred to Senate Budget and Appropriations Committee

upper

Mar 23, 2026

Lower · Passed

Passed by the Assembly (73-0-0)

lower

Mar 9, 2026

Lower · Passed

Reported out of Assembly Committee, 2nd Reading

lower

Jan 13, 2026

Introduced

Introduced, Referred to Assembly Commerce and Economic Development Committee

lower

3 primary · 4 co-sponsors