In one paragraph
New Jersey's A5540 would establish an Artificial Intelligence Grant Program in the Office of the Secretary of Higher Education to fund nonprofits providing AI education and training. Each year the Secretary would select four nonprofits for grants of up to $25,000 each. Introduced April 10, 2025. A bill of the Legislature's 2024-2025 session, which ended January 13, 2026.
Plain-English summary, written with AI assistance. The official text controls.
What it means for business
Nonprofits providing AI education could apply for grants of up to $25,000. No duties for other businesses.
Key provisions
- Sec. 1: nonprofits apply and must show comprehensive AI education and training programs
- Sec. 1: Secretary weighs five factors, including AI education and mentorship initiatives, startup challenges, ethical-use events, government partnerships and board representation
- Sec. 1: four nonprofits selected annually; grants capped at $25,000 each
- Recipients must report on use and impact to the Secretary, Governor and Legislature
- Creates the Artificial Intelligence Education Fund, funded by annual appropriations; takes effect immediately
Latest legislative action
Apr 10, 2025. Introduced in the Assembly, Referred to Assembly Public Safety and Preparedness Committee
Sponsors
| Name | Role | District |
|---|---|---|
| Christopher Tully D | Sponsor | HD-038 |
| Linda Carter D | Sponsor | HD-022 |
Topics and industries
Related topics
Affected industries
This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error