New Jersey S3623 establishes a Fusion Energy and Technology Incentive Program to encourage fusion energy and technology development.

New Jersey S3623 establishes the Fusion Energy and Technology Incentive Program within the New Jersey Economic Development Authority (EDA) to encourage the use and development of power plants by fusion energy or fusion technology companies. The program includes tax credits for eligible property owners leasing space on power plant sites to fusion energy or fusion technology companies, and for companies operating or seeking to operate fusion energy or fusion technology facilities on these sites.

New Jersey S3623 establishes a Fusion Energy and Technology Incentive Program to encourage fusion energy and technology development.

New Jersey S3623 establishes the Fusion Energy and Technology Incentive Program within the New Jersey Economic Development Authority (EDA) to encourage the use and development of power plants by fusion energy or fusion technology companies. The program includes tax credits for eligible property owners leasing space on power plant sites to fusion energy or fusion technology companies, and for companies operating or seeking to operate fusion energy or fusion technology facilities on these sites.