Provides that fusion energy and fusion technology companies are eligible to receive benefits under certain economic incentive programs.

S 1298 would expand New Jersey's economic incentive programs to include fusion energy and fusion technology companies as eligible recipients of benefits like grants, tax credits, or loans. To qualify, companies must be headquartered in New Jersey, hold proprietary intellectual property, and employ skilled workers using advanced scientific research equipment. The bill explicitly excludes eligibility for the Clean Energy Program and incentives funded through the Universal Service Fund. The New Jersey Economic Development Authority would update program rules to implement this change, ensuring fusion companies meet uniform eligibility criteria under existing incentive frameworks.