Establishes the "New Jersey Small Business Indoor Air Quality Management Support Program" to provide loans for indoor air quality improvements.
The bill establishes the "New Jersey Small Business Indoor Air Quality Management Support Program" to provide loans to eligible small businesses for indoor air quality improvements. Administered by the New Jersey Economic Development Authority, the program allows loans to be used for capital purchases, employee training, and salaries. Work performed with these funds must be done by certified organizations. The authority may require audited financial statements to ensure business vitality. The program will be implemented through rules and regulations adopted by the authority.
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