"Fusion Technology Industry Promotion Act"; establishes program to promote fusion technology industry and attract fusion technology businesses.

The Fusion Technology Industry Promotion Act establishes a state program to support New Jersey's fusion technology sector and attract related businesses. The New Jersey Economic Development Authority will run the program, providing research, technical assistance, and market representation to fusion technology companies. It also authorizes public investment (capped at 59% ownership) in a new private "fusion industry development company" to leverage public and private funding for industry growth. This bill directly affects fusion technology businesses, research institutions like Princeton Plasma Physics Laboratory, and the state's economic development strategy.