"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.
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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Commerce and Economic Development Committee
lower
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Eliana Pintor Marin
DDemocratic
P
Gary Schaer
DDemocratic
Co
Sterley Stanley
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about A 606
Scope: NJ
Hi! I can help you understand A 606. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline