New Jersey legislation · 2026-2027 Regular Session
New Jersey A4426: EDA grant program-establish, support increased business expenses incurred
Status: In committee, February 19, 2026
Establishes EDA grant program to support increased business expenses incurred by certain businesses impacted by certain public highway projects; provides 50 percent sales and use tax exemption in impacted municipalities; appropriates $1 million.
What the bill says
An Act providing for grants and a partial sales and use tax exemption for certain businesses impacted by certain public highway projects, supplementing Titles 34 and 54 of the Revised Statutes, and making an appropriation.
From the introduced text, February 19, 2026:
An Act providing for grants and a partial sales and use tax exemption for certain businesses impacted by certain public highway projects, supplementing Titles 34 and 54 of the Revised Statutes, and making an appropriation. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. As used in P.L. , c. (C. ) (pending before the Legislature as this bill): "Applicant" means a retail business establishment seeking a grant pursuant to P.L. , c. (C. ) (pending before the Legislature as this bill). "Authority" means the New Jersey Economic Development Authority, established pursuant to section 4 of P.L.1974, c.80 (C.34:1B-4). "Business day" means a calendar day during which a retail business establishment incurs business expenses. "Business expenses" means the costs incurred by a retail business establishment that are necessary for the day-to-day operation of the retail business establishment. Business expenses may include, during a relief period, lost revenues, including, but not limited to, profit loss due to the public highway project. "Impacted construction zone" means any area immediately surrounding a public highway project, within which area the occurrence of the public highway project impedes or blocks the normal and reasonable flow of traffic or otherwise restricts access to business establishments located within the area. "Public highway project" means any infrastructure project that involves the …
Sponsors
- Sean T. Kean (R, 30) · primary sponsor
Latest actions
- : INT 1RA REF ACE
Subjects: ECONOMIC DEVELOPMENT - INTERNATIONAL, STATE AND REGIONAL
Common questions
- What is A4426?
- A4426 is a bill in the New Jersey Legislature (2026-2027 Regular Session): EDA grant program-establish, support increased business expenses incurred.
- What does A4426 do?
- In its own words: An Act providing for grants and a partial sales and use tax exemption for certain businesses impacted by certain public highway projects, supplementing Titles 34 and 54 of the Revised Statutes, and making an appropriation.
- What is the status of A4426?
- In committee as of February 19, 2026. Latest action: INT 1RA REF ACE (February 19, 2026).
- Who sponsored A4426?
- Sean T. Kean (R, 30).
- Where is the official record for A4426?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A4426
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.