A 606 New Jersey General Assembly · 2026-2027 Regular Session

"Economic Emergency Investment Stabilization Act"; allows EDA to invest in businesses impacted by major economic emergencies.

This bill establishes the "Economic Emergency Investment Stabilization Program," allowing New Jersey's Economic Development Authority (EDA) to make equity investments in businesses significantly impacted by major economic emergencies. It directly affects New Jersey-based businesses that meet strict criteria, including physical presence in the state, majority NJ-based employees, and pre-emergency financial stability. The EDA will match private investments dollar-for-dollar (up to a set limit), using funds from the existing Economic Recovery Fund, with the goal of exiting investments within 1-10 years after the emergency ends. The program requires businesses to demonstrate recovery potential to avoid losses when the EDA sells its stake.
Tags: Economic Development
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 Commerce and Economic Development Committee
lower
2 primary · 1 co-sponsor

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