ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT COMMITTEE
STATEMENT TO
ASSEMBLY, No. 5446
with committee amendments
STATE OF NEW JERSEY
DATED: MARCH 8, 2021
The Assembly Commerce and Economic Development Committee reports favorably and with committee amendments Assembly Bill No. 5446.
This bill, as amended, makes $15 million in federal funds available to the Economic Development Authority (EDA) to award grants to businesses and nonprofits in need.
COMMITTEE AMENDMENTS:
The committee amended the bill so that it is not a supplemental appropriation, but rather makes funding available for the bill’s designated purpose.