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AI Summary
The bill establishes an AI Grant Program in New Jersey's Office of the Secretary of Higher Education to fund nonprofit AI education and training.
Business Impact
If you operate a nonprofit providing AI education, apply for grants up to $25,000 annually.
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
Assembly Bill A5540 introduces an AI Grant Program in New Jersey, managed by the Office of the Secretary of Higher Education, to fund nonprofits offering AI education and training.
Key Provisions
- Establishes the Artificial Intelligence Grant Program in the Office of the Secretary of Higher Education (Section 1a).
- Nonprofit entities must apply and demonstrate comprehensive AI education programs (Section 1b-c).
- Secretary considers specific factors for grant awards (Section 1d).
- Annually selects four nonprofits for grants up to $25,000 each (Section 1e).
- Creates the 'Artificial Intelligence Education Fund' (Section 3a).
Latest Legislative Action
Introduced, Referred to Assembly Public Safety and Preparedness Committee
Bill Sponsors
| Name | Role | District |
|---|---|---|
| Christopher Tully D | Sponsor | HD-038 |
| Linda Carter D | Sponsor | HD-022 |
Related & Companion Bills
Full Legal Analysis
Assembly Bill A5540, introduced in the New Jersey Legislature, establishes the Artificial Intelligence Grant Program within the Office of the Secretary of Higher Education. The program aims to provide financial grants to nonprofit entities that offer comprehensive education and training in artificial intelligence. Nonprofit entities must apply to the Secretary of Higher Education, demonstrating their capabilities in AI education and training to be eligible for grants. The Secretary will consider factors such as the number of AI educational initiatives, startup challenges, and partnerships with government agencies when awarding grants. Annually, four nonprofit entities will be selected to receive grants, each not exceeding $25,000. Additionally, the bill creates the 'Artificial Intelligence Education Fund' to support these grants, with necessary funds appropriated each fiscal year. Grant recipients are required to report on the use and impact of the funds to the Secretary, Governor, and Legislature.
Official Source
Official Bill Text
View A5540 on official legislature website →
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