New Jersey Assembly Bill A1635

New Jersey 2026-2027 Regular Session

• Introduced: 1/13/26
• Refer: 1/13/26

Caption

Establishes EDA grant program to support increased business expenses incurred by certain businesses impacted by certain public highway projects; appropriates $1 million.

Impact

The legislation appropriates $1 million from the General Fund to support the EDA in administering the grant program, which is intended to reimburse qualifying businesses for increased operational costs during designated relief periods. The definition of 'relief period' encompasses the duration from the start to the conclusion of the public highway project, providing a structured time frame for businesses to apply for assistance. This initiative is expected to alleviate financial burdens on small businesses resulting from disruptions caused by infrastructure improvements.

Summary

Assembly Bill A1635 aims to establish a grant program through the New Jersey Economic Development Authority (EDA) to support small retail businesses that incur increased expenses due to public highway projects. It focuses on businesses operating within impacted construction zones where highway improvements or maintenance could disrupt normal traffic flow and access. The bill highlights the importance of providing financial assistance to these establishments to mitigate economic losses caused by construction activities.

Contention

While the bill is designed to support local businesses, its implementation may raise questions regarding eligibility criteria and the amount of financial support available. Additionally, the requirement for applicants to provide evidence of their regular business expenses prior to the relief period and documentation of increased costs during the project could pose challenges. Addressing these concerns will be critical to ensure that the grant program effectively meets its goals and adequately supports those impacted.