NJ A2629 | 2024-2025 | Regular Session
Note: Carry Over of previous A1028
Note: Carry Over of previous S2327
Note: Carry Over of previous S2327
Status
Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
Pending: Assembly Commerce, Economic Development and Agriculture Committee Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
Pending: Assembly Commerce, Economic Development and Agriculture Committee Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue.
Title
Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue.
Sponsors
| Rep. Jay Webber [R] | Rep. Clinton Calabrese [D] | Rep. Craig Coughlin [D] | Rep. John DiMaio [R] |
| Rep. Aura Dunn [R] | Rep. Gerard Scharfenberger [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-09 | Assembly | Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee |
Same As/Similar To
A1028 (Carry Over) 2022-01-11 - Introduced, Referred to Assembly Commerce and Economic Development Committee
S2327 (Carry Over) 2022-11-03 - Reported from Senate Committee, 2nd Reading
S2327 (Carry Over) 2022-11-03 - Reported from Senate Committee, 2nd Reading
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2024/A2629 |
| Text | https://pub.njleg.gov/Bills/2024/A3000/2629_I1.HTM |
