Prohibits EDA from issuing subsidies for wind energy projects.

This bill prohibits the New Jersey Economic Development Authority (EDA) from providing any financial assistance - including grants, loans, tax credits, or other subsidies - to wind energy projects. It directly affects wind energy developers who would have sought EDA funding for project development or operations. The key mechanism removes wind energy projects from eligibility under the EDA’s existing funding allocation for renewable energy, specifically deleting references to "qualified offshore wind projects" from the 60% funding allocation meant for energy efficiency and renewable projects. This change shifts EDA funding priorities away from wind energy toward other renewable and energy efficiency initiatives. The bill also repeals prior provisions that allowed wind project subsidies.