Requires Business Action Center to establish "Entrepreneur Learner's Permit Pilot Program" for certain designated industries.
This bill requires New Jersey's Business Action Center to create a two-year "Entrepreneur Learner's Permit Pilot Program" that reimburses first-time entrepreneurs for state filing, permitting, or licensing fees when starting businesses in designated industries like biotechnology, financial services, and environmental technology. The program prioritizes women-owned and minority-owned businesses and limits total reimbursements to $500,000 annually. It mandates the Business Action Center to establish eligibility criteria, administer the program, and submit a report evaluating its effectiveness - including business formation rates, economic impact, and participant feedback - by the second fiscal year. The pilot program is designed to lower startup costs for new business owners in targeted sectors without altering existing state regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026
Last action Feb 19, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 19, 2026
Introduced
Introduced, Referred to Assembly Commerce and Economic Development Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Carol Murphy
DDemocratic
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