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Bill

Bill

A 3063

Establishes Blockchain Promotion and Integration Program.

2026-2027 Regular Session Introduced by Clinton Calabrese and 2 co-sponsors

Creates a program to promote, assist, and position New Jersey’s blockchain industry, helping businesses adopt tech and attract investment.

Introduced, Referred to Assembly Science, Innovation and Technology Committee
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Bill Summary · A 3063

Overview

  • Bill: A 3063
  • Session: 222
  • Jurisdiction: New Jersey
  • Title: Establishes Blockchain Promotion and Integration Program
  • Purpose: Create a state program to promote, integrate, and advance blockchain and decentralized digital technology in New Jersey, with a focus on aiding businesses, especially small businesses, and positioning New Jersey in national/international blockchain markets.

Main purpose and intent

  • Establish the Blockchain Promotion and Integration Program (BPIP) within the New Jersey Commission on Science, Innovation and Technology (CSTI), in consultation with the New Jersey Economic Development Authority (NJEDA).
  • Increase public awareness of blockchain and decentralized digital technologies.
  • Support and assist businesses in integrating these technologies.
  • Improve connections between the blockchain sector and the broader business community, including outreach and partnerships with groups representing small businesses.
  • Provide research, information, and opportunities related to blockchain for New Jersey firms.
  • Offer technical and financial assistance to blockchain companies considering locating in New Jersey.
  • Represent New Jersey firms in national/international blockchain markets through events and seminars.
  • Deliver customized support (technical, financial, and other) to New Jersey-based firms.
  • Attract capital investment into New Jersey’s blockchain industries.

Key provisions and changes

  • Creation of BPIP by CSTI, with ongoing coordination with NJEDA.
  • Program activities (non-exhaustive list):
    • Public education and awareness campaigns about blockchain benefits and uses.
    • Assistance to businesses for adopting and integrating blockchain/decentralized tech.
    • Direct outreach and partnerships with small-business groups to connect them with BPIP resources.
    • Research and dissemination of information on commercial opportunities in blockchain.
    • Technical and financial support for blockchain companies considering New Jersey as a location.
    • Representation of New Jersey firms in broader markets via conferences and seminars.
    • Customized assistance for NJ-based firms in blockchain contexts.
    • Efforts to recruit capital investment into NJ blockchain sectors.
  • State of the sector analysis requirement:
    • CSTI must analyze the state of blockchain/decentralized digital technology sectors in NJ, including public awareness, business integration, opportunities/risks, trends, capital availability, education/training needs, and infrastructure.
  • Collaboration and outreach:
    • CSTI must consult with and integrate efforts with the New Jersey Blockchain Council to maximize impact on small businesses.
    • CSTI must partner with groups representing small business to ensure program resources reach the business community.
  • Reporting requirements:
    • Within one year of enactment, and every three years thereafter, CSTI must report to the Governor and the Legislature on the state of blockchain in NJ.
    • The report must include recommendations on how the state can better integrate blockchain/decentralized technologies with NJ businesses.
  • Effective date: The act takes effect on the 30th day after enactment.

Who/what is affected

  • Affected entities:
    • New Jersey Commission on Science, Innovation and Technology (CSTI)
    • New Jersey Economic Development Authority (NJEDA) (in consultation)
    • New Jersey Blockchain Council (to be consulted and integrated)
    • Small businesses in New Jersey (via outreach and partnerships)
    • New Jersey-based blockchain and decentralized digital technology companies (through technical/financial assistance and location considerations)
  • Broader impact:
    • Aims to position New Jersey as a hub for blockchain industry activity, investment, and innovation.
    • Enhances access to resources for businesses exploring blockchain adoption.

Procedural and timeline aspects

  • Enactment timeline:
    • Program establishment and activities begin after enactment; specific dates tied to the bill’s effective date.
  • Reporting cadence:
    • Initial report due within one year of enactment.
    • Subsequent reports every three years (i.e., at three-year intervals).
  • Implementation coordination:
    • CSTI is responsible for establishing and administering the program, with ongoing collaboration with NJEDA and the New Jersey Blockchain Council.
    • Emphasis on outreach to small-business groups for effective resource distribution.

Notes

  • The bill supplements P.L.1985, c.102 (C.52:9X-1 et seq.), indicating alignment with existing science and technology policy frameworks.
  • No explicit funding figures are included in the bill text provided; implementation details, including budgeting, would likely be addressed in subsequent appropriations or administrative rules.

Compiled from official sources — confirm details with the bill’s official record.

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