Sen. Linda Greenstein

Maddy summaryThis bill establishes the Next New Jersey Manufacturing Program, which provides tax credits to businesses that make significant investments in New Jersey manufacturing facilities. To qualify, businesses must invest at least $10 million in capital and create at least 20 new full-time jobs with median salaries at least 120% of local manufacturing averages. The tax credit amount is calculated as the lesser of 0.1% of capital investment multiplied by new jobs, 25% of capital investment, or $150 million, with $100 million reserved for clean energy manufacturers in the first two years. Businesses must maintain the jobs and investment for a specified period, and may forfeit credits if they fail to meet requirements.

Maddy summaryThis bill appropriates $107,999,000 from constitutionally dedicated corporation business tax revenues and Green Acres funds to the New Jersey Department of Environmental Protection (DEP). The funds support local governments in acquiring land for recreation and conservation (e.g., parks, open space) and developing existing lands (e.g., park improvements, inclusive playgrounds under "Jake's Law"). Specifically, $22.4 million funds land acquisition projects, $80.3 million supports development projects like park upgrades and inclusive playgrounds, and $3 million establishes a new planning grant program for local conservation planning. It prioritizes projects in densely populated areas and urban aid municipalities, as defined by population density thresholds.

Maddy summaryThis bill authorizes New Jersey's Board of Public Utilities (BPU) to approve sites for small modular reactors (SMRs) exclusively in municipalities with existing nuclear facilities, overriding local zoning laws. It permits SMR operators to store spent nuclear fuel on-site until a national waste repository is established, following U.S. Nuclear Regulatory Commission safety standards. The BPU must also create a financial incentive program for SMR construction within one year. These provisions directly affect SMR developers, the BPU, and municipalities with prior nuclear operations.

Maddy summaryThis bill allows New Jersey property owners to claim a state income tax deduction for the capital gain realized when selling certain real estate interests to qualified conservation organizations. It applies to both full market value sales and "bargain sales" (where property is sold below market value but still includes a conservation component), with the deduction amount matching the federal capital gain calculation. The deduction covers sales to organizations participating in programs like Green Acres, Blue Acres, farmland preservation, historic preservation, and wildlife conservation initiatives. It directly affects landowners who sell conservation-protected property to these groups, helping offset taxable gains while supporting land preservation efforts.

Maddy summaryThis bill extends the filing deadline for members and retirees of New Jersey's Public Employees' Retirement System (PERS), Police and Firemen's Retirement System (PFRS), and State Police Retirement System (SPRS) to qualify for accidental disability retirement benefits related to 9/11 World Trade Center rescue, recovery, or cleanup operations. It allows for a two-year filing period after the bill's effective date (with potential two-year extensions) and replaces the requirement for a pre-employment physical examination with evidence of medical examinations that failed to disclose qualifying health conditions. The bill also permits retirees previously denied due to late filing to petition for reconsideration or resubmit their eligibility forms. Retirement systems must notify all affected members within 60 days of enactment about these provisions using clear language explaining filing requirements and time limits.

Maddy summaryThis bill makes a permanent annual $500,000 allocation from New Jersey's Clean Communities Program Fund to fund public outreach for the state's single-use plastics reduction program. The funding supports the Department of Environmental Protection's outreach efforts, including educational campaigns and a bag redistribution program that repurposes reusable bags for food banks and pantries. The bill changes current law, which limited this funding to the first three years after the 2020 single-use plastics ban law, making it permanent. This directly affects the DEP's outreach activities and the public receiving information about reducing plastic use.

Maddy summaryThis bill authorizes New Jersey's Housing and Mortgage Finance Agency (HMFA) to provide supplemental tax credits to housing developers who have received four-percent low-income housing tax credits (LIHTC) but would qualify for nine-percent LIHTC. The supplemental credits cover the "project financing gap" for qualifying housing projects, ensuring developers receive a subsidy equivalent to a nine-percent LIHTC. The agency can award these credits to developers who demonstrate a financing gap, with the credit amount limited to the smaller of either the gap amount or the amount needed to reach a nine-percent subsidy level. Developers may transfer or sell these tax credits under specific conditions, including minimum sale amounts and restrictions on further transfers.

Maddy summaryThis bill requires pharmacies in New Jersey to display a notice and provide a pamphlet about insulin manufacturer assistance programs at all points of sale. The materials must be created by the Department of Banking and Insurance and will be available to anyone purchasing insulin or requesting them. Insulin manufacturers offering assistance programs may request to be included in these materials. The bill directly affects pharmacies (by mandating the notices/pamphlets) and insulin users (by providing access to cost-saving program information). It does not create new programs but ensures existing manufacturer assistance options are clearly communicated to patients.

Maddy summaryThis bill requires New Jersey's Board of Public Utilities (BPU) to study how data centers impact electricity rates for residential customers. The BPU must determine if non-data center customers unfairly subsidize data center costs, whether infrastructure for data centers causes unreasonable rate hikes, and project the future portion of residential rates attributable to data centers over the next 20 years. The study will also evaluate policy options to prevent rate increases from data center growth. The BPU must complete the study within one year and submit a report to the governor and legislature within 15 months.

Maddy summaryThis bill requires New Jersey public schools to teach labor history as part of the social studies curriculum for students in grades 6-12. It mandates the State Board of Education to adopt specific learning standards covering organized labor history, notable strikes, unionization efforts, and collective bargaining processes in both U.S. and New Jersey contexts. School districts must integrate this content into their curriculum, using inclusive instructional materials that highlight labor movement contributions. The bill does not specify funding or assessment methods but requires implementation concurrent with future updates to existing social studies standards.