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NJ S4253

NJ S4253: Establishes "Artificial Intelligence Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technol… Verified

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Establishes "Artificial Intelligence Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technology businesses.

AI Summary

Establishes AI Innovation Partnership to fund and promote AI tech businesses in NJ.

Business Impact

If you operate an AI tech business in NJ, you may access funding and support through new partnerships.

State
New Jersey
Bill Number
S4253
Status
Introduced
Risk Level
Low
Category
Sector-Specific
Last Action
Mar 3, 2025
Last Verified
Apr 30, 2026
Data Updated
Apr 30, 2026
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

Artificial Intelligence Technology

What This Means

The New Jersey bill S4253 aims to foster the growth of AI technology businesses by establishing the 'Artificial Intelligence Innovation Partnership.' This initiative will provide funding and create collaborative ecosystems involving nonprofits, educational institutions, and emerging AI businesses.

Key Provisions

Latest Legislative Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

Bill Sponsors

Name Role District
Sponsor SD-016
Sponsor SD-031

Compliance Checklist

Apply for certification as a nonprofit partner.
Who: Nonprofit organizations in NJ
Deadline: Rolling basis
Focus on regional AI technology sectors.
Who: Certified nonprofit partners
Deadline: Ongoing

Related & Companion Bills

New Jersey S1668 — Establishes "Artificial Intelligence Innovation Partnership…

Full Legal Analysis

The bill S4253 establishes the 'Artificial Intelligence Innovation Partnership' in New Jersey to promote the development of AI technology businesses. It does not specify the New Jersey Commission on Science, Innovation and Technology to administer the partnership. The bill does not focus on specific regional AI technology sectors. It emphasizes collaboration between AI businesses, nonprofits, and educational institutions to create innovation ecosystems. The bill does not prioritize diversity in leadership and ownership of AI businesses. Nonprofits can apply for certification to become partners, but the bill does not allow the commission to establish new nonprofits if none qualify. The bill does not specify penalties for non-compliance but outlines the roles and responsibilities of the partners.

Official Source


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