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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.
This bill creates a task force to explore funding and tax incentives for businesses affected by artificial intelligence expansion, reporting findings to the legislature.
If you operate a business impacted by AI in New Jersey, you should stay informed about potential funding and tax incentives from the task force.
What do these statuses mean? ▼
Affected Industries
What This Means
The proposed bill A5168 aims to establish a task force dedicated to investigating funding opportunities and tax incentives for businesses influenced by the growth of artificial intelligence. This initiative is crucial for companies looking to adapt to the evolving AI landscape and may provide financial support to mitigate impacts. Stakeholders in the technology sector should monitor developments closely.
Key Provisions
- Establishes a task force to research funding sources for AI initiatives.
- Evaluates tax incentives for businesses affected by AI expansion.
- Requires the task force to report findings to the legislature.
Latest Legislative Action
Introduced, Referred to Assembly Science, Innovation and Technology Committee
Bill Sponsors
| Name | Role | District |
|---|---|---|
| Reginald Atkins D | Sponsor | HD-020 |
| Julio Marenco D | Sponsor | HD-033 |
Related & Companion Bills
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Affected Industries
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