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Establishes "Artificial Intelligence Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technology businesses.
AI Summary
NJ S1668 proposes the 'Artificial Intelligence Innovation Partnership' to fund nonprofit partnerships, but specific criteria and mechanisms are not confirmed.
Business Impact
If you operate a nonprofit supporting emerging tech, this bill may provide funding opportunities.
What do these statuses mean? ▼
Introduced
— Filed in the legislature; not yet heard in committee
In Committee
— Assigned to and being reviewed by a legislative committee
Passed
— Approved by one or both chambers; awaiting further action
Signed / Enacted
— Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed
— Vetoed, failed to pass, or session expired without action
Unknown
— Status data not yet available or awaiting classification
Affected Industries
Topics How we classify →
What This Means
The bill, NJ S1668, seeks to create the 'Artificial Intelligence Innovation Partnership' in New Jersey. It aims to fund nonprofit partnerships, though specific details are not confirmed.
Key Provisions
- Establishes the 'Artificial Intelligence Innovation Partnership'
- Specific criteria and mechanisms for funding allocation are not confirmed
Latest Legislative Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
Bill Sponsors (showing 5 of 7)
| Name | Role |
|---|---|
| Cardinale, Gerald | Primary |
| Greenstein, Linda R. | Primary |
| McKnight, Angela V. | Primary |
| O'Scanlon, Declan J. | Primary |
| Oroho, Steven V. | Primary |
Compliance Checklist
Apply for certification as a partner in the AI Innovation Partnership
Who: Nonprofit organizations meeting regional focus requirements
Deadline: As determined by the commission
Penalty: Ineligibility for partnership benefits
Who: Nonprofit organizations meeting regional focus requirements
Deadline: As determined by the commission
Penalty: Ineligibility for partnership benefits
Submit annual reports including audits and operational information
Who: Certified partners
Deadline: Annually, as specified by the commission
Penalty: Forfeiture of grant funds
Who: Certified partners
Deadline: Annually, as specified by the commission
Penalty: Forfeiture of grant funds
Related & Companion Bills
Full Legal Analysis
Bill S1668, introduced in the New Jersey Legislature, aims to establish the 'Artificial Intelligence Innovation Partnership'. The primary objective of this initiative is to provide funding to nonprofit partnerships. However, without the full bill text, specific criteria and mechanisms for funding allocation cannot be confirmed.
Official Source
Official Bill Text
View S1668 on official legislature website →
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