New Jersey Governor: Legislation Providing Aid to Small Businesses

New Jersey Governor: Legislation Providing Aid to Small Businesses

PRINCETON, NJ (STL.News) Governor Phil Murphy today signed into law A-A5446, which provides $15 million in federal COVID-19 relief aid for small businesses throughout New Jersey.  The bill – sponsored by Senators Linda Greenstein and Joseph Lagana and Assembly Members Joann Downey, Andrew Zwicker, and Sterley Stanley – provides aid in the form of grants to small businesses and non-profits in need.  The bill is part of a five-bill, $100 million relief effort aimed at helping New Jersey’s small businesses recover from the year-long pandemic.

“New Jersey’s small businesses were particularly hard hit by the ravages of COVID-19, ” said Governor Murphy.  “This legislation, along with three additional bills I signed last week and one I will sign in the near future, will go a long way toward helping hundreds of state businesses keep their doors open as we recover from this year-long ordeal.”

“Since the beginning of the pandemic, supporting small businesses has been central to Governor Murphy’s response.  These businesses are the lifeblood of our economy, and ensuring they not only recover but come back stronger and better prepared for future challenges is critical to achieving a sustainable, equitable recovery,” said NJEDA Chief Executive Officer Tim Sullivan. 

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