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Establishes task force to research and report on potential sources of funding for artificial intelligence initiatives and appropriate tax incentives to support businesses impacted by expansion of use of artificial intelligence.
Bill A2620 establishes a task force to research funding and tax incentives for AI initiatives in New Jersey.
If you operate a business impacted by AI, the task force may recommend funding or tax incentives.
What do these statuses mean? ▼
Affected Industries
Topics
What This Means
Bill A2620 proposes creating a task force in New Jersey to explore funding sources and tax incentives for AI initiatives, focusing on businesses affected by AI expansion.
Key Provisions
- Establishes a task force to research and report on funding sources for AI initiatives.
- Task force to consider tax incentives for businesses impacted by AI.
Latest Legislative Action
Introduced, Referred to Assembly Science, Innovation and Technology Committee
Compliance Checklist
Who: Task force members
Deadline: As soon as practicable after majority appointment
Who: Task force
Deadline: Within 12 months of organization
Related & Companion Bills
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Related Topics
Affected Industries
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