A 1459 New Jersey General Assembly · 2026-2027 Regular Session

Expands EDA small business loan program to include certain broadband telecommunications service providers.

This bill expands New Jersey's existing small business loan program to include certified rural broadband telecommunications service providers as eligible borrowers. It defines "broadband telecommunications service provider" as entities certified by the Board of Public Utilities to offer high-speed internet (25 Mbps download/3 Mbps upload) in rural areas (population ≤30,000 and ≤4,000 people/sq. mile). The program will allow these providers to access loans for capital purchases, employee training, and new positions - similar to other eligible businesses like farmers and dairy operations. The change modifies the eligibility definition in existing law without creating a new program.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 3 co-sponsors

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