Asm. Clinton Calabrese

Maddy summaryThis bill, A5623, authorizes the New Jersey Infrastructure Bank to provide up to $53.45 million in low-interest loans for 17 specific transportation infrastructure projects across New Jersey municipalities in Fiscal Year 2026. The bill lists exact projects including bridge replacements, road improvements, and street redesigns in locations like Bayonne, Hoboken, Essex County, and Princeton. It includes a principal-forgiveness provision allowing up to $100,000 of a loan (per borrower) to be forgiven for planning and design costs on projects that complete construction with at least $250,000 in financing. The bill specifies how the bank can use loan repayments, bond proceeds, and other funds to support the program's operations while maintaining clear eligibility requirements for participating local governments.

Maddy summaryThis bill increases tax credits for investors who fund New Jersey emerging technology businesses by raising the credit rate from 20% to 60% of qualified investments (with an additional 5% available for investments in opportunity zones, low-income communities, or diverse entrepreneurs, making it 65% total). It lowers the employee threshold for qualifying businesses from 225 to 150 employees, expanding eligibility to more small technology companies. The bill also revises definitions of qualifying businesses and investments under the "New Jersey Angel Investor Tax Credit Act" while repealing the "New Jersey Ignite Act." These changes directly affect investors, emerging technology businesses, and qualified venture funds seeking tax benefits.

Maddy summaryThis bill (A4926) requires New Jersey's Department of Environmental Protection (DEP) and Department of Transportation (DOT) to create a "Wildlife Corridor Action Plan" within 24 months. The plan must identify wildlife corridors, road collision hotspots, and barriers to animal movement, then prioritize safe crossings to improve driver safety and wildlife connectivity. It mandates the plan be updated every 10 years and coordinates with conservation groups, federal agencies, and other state departments. The bill appropriates $90,000 from the General Fund to fund this work, directly affecting DEP, DOT, wildlife populations, and drivers on New Jersey roads.

Maddy summaryThis Assembly Resolution (AR 180) urges New Jersey's Department of Environmental Protection (DEP), Pinelands Commission, and Highlands Water Protection and Planning Council to use alternative forest management practices - like ecological thinning - during droughts when prescribed burning is unsafe. It directly affects these state environmental agencies responsible for managing forest lands, which cover 40% of New Jersey and provide critical environmental, economic, and recreational benefits. The resolution notes that drought conditions, worsened by climate change, prevent safe prescribed burning (a tool that reduces wildfire risk), making alternatives necessary to maintain forest health and reduce wildfire threats. It specifically references the 2024 wildfire season, which saw 1,380 fires burning over 10,000 acres during extended drought. The bill does not create new law but formally requests these agencies adopt alternative practices during unsafe burning periods.

Maddy summaryThis is a ceremonial resolution, not a policy bill. It honors the late Congressman William J. Pascrell, Jr. (who served in Congress from 1997 until his death in 2024), specifically recognizing his founding role in the Congressional Brain Injury Task Force. The resolution urges New Jersey's current and future U.S. Congress members to join and support this bipartisan task force, which focuses on advancing brain injury awareness, research, and policy. It has no effect on laws or funding - it is purely a commemorative statement.

Maddy summaryThis bill establishes the "Motor Vehicle Open Recall Notice and Fair Compensation Act" to improve transparency around vehicle recalls and provide fair compensation for dealers. It requires motor vehicle dealers to check for open recalls on used vehicles using the National Highway Traffic Safety Administration website before sale, inform prospective buyers about any recalls found, and not sell vehicles subject to stop-sale or do-not-drive notices. Dealers must also provide the New Jersey Motor Vehicle Commission with lists of vehicles with long-unfixed recalls (six months or more), triggering the Commission to send official notices to vehicle owners. The bill also establishes compensation requirements for dealers when parts are unavailable for recalled vehicles, requiring 1.75 percent of the vehicle's value per month for used vehicles or the manufacturer's suggested retail price for new vehicles.

Maddy summaryThis bill allows New Jersey individual taxpayers to deduct certain capital gains from selling qualified small business stock held for more than five years. It applies to stock in C corporations that meet specific requirements, including having no more than $50 million in assets at issuance, using at least 80% of assets in active qualified businesses (not service industries like law or finance), and having 80% of payroll in New Jersey. The deduction is limited to the greater of $10 million (reduced by prior years' deductions) or ten times the stock's adjusted basis. The bill aims to encourage investment in New Jersey-based small businesses by reducing capital gains tax on qualifying stock sales after a five-year holding period.

Maddy summaryThis bill requires New Jersey's Department of Environmental Protection (DEP) and Department of Transportation (DOT) to create a "Wildlife Corridor Action Plan" within 24 months. The plan must identify natural wildlife movement pathways, areas with frequent animal-vehicle collisions, and barriers like roads, then prioritize safety projects to protect both wildlife and drivers. It mandates the plan be updated every 10 years and coordinated with conservation groups, existing projects like NJ CHANJ, and road construction. The state appropriates $90,000 to fund the DEP and DOT's work on this plan. The bill directly affects wildlife habitats, driver safety, and state agency planning processes.

Maddy summaryThis bill increases tax credits for investors who fund New Jersey emerging technology businesses, raising the credit rate from 20% to 60% of qualified investments, with an additional 5% available for investments in opportunity zones, low-income communities, or certified minority/women-owned businesses. It also lowers the maximum employee count for qualifying businesses from 225 to 150 employees. The bill repeals the "New Jersey Ignite Act" while updating definitions and mechanisms for the tax credit program to better support technology startups across fields like biotechnology, renewable energy, and advanced computing. This change directly affects individual investors and venture funds making qualifying investments in New Jersey-based technology businesses.

Maddy summaryThis bill requires all New Jersey casinos and sports wagering businesses (including their affiliated operators) to adopt cybersecurity programs meeting NIST or ISO standards within 180 days. It mandates annual third-party audits of these programs, 72-hour breach reporting for data compromises, and employee cybersecurity training. Businesses exceeding minimum standards can earn a "Safe Gaming Seal" through a new certification program featuring enhanced encryption, fraud detection, and responsible gaming tools. Violations incur fines ($10,000 first offense) or potential license suspension, with rules to be established by the Division of Gaming Enforcement.