New Jersey · 2026-2027 Regular Session · Bill

A 3159: Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Commerce and Economic Development Committee

Plain-language summary

A 3159 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Prohibits awarding of economic development subsidy to business if payment of principal and interest on previously awarded loan or loan guarantee is greater than 24 months overdue. Primary sponsor: Jay Webber (Republican), Clinton Calabrese (Democratic), Vicky Flynn (Republican). It lists 4 additional sponsors. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Commerce and Economic Development Committee.

Sponsors

Primary sponsors: Jay Webber (Republican); Clinton Calabrese (Democratic); Vicky Flynn (Republican). 4 co-sponsors.