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S3635
SENATE, No. 3635
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED FEBRUARY 24, 2026
Sponsored by:
Senator� ANGELA V. MCKNIGHT
District 31 (Hudson)
Senator� LINDA R. GREENSTEIN
District 14 (Mercer and Middlesex)
SYNOPSIS
���� Establishes �New Jersey Cybersecurity Grant Program�;
appropriates $5 million from General Fund.
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
concerning cybersecurity grants, supplementing
Title 52 of the Revised Statutes, and making an appropriation.
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1.��� a.� There is established
the �New Jersey Cybersecurity Grant Program� in the Office of Homeland Security
and Preparedness.� The program shall award grants to sensitive businesses
seeking to defray the costs, either in whole or in part, of acquiring target
hardening equipment to mitigate cybersecurity risks.� Sensitive businesses
seeking a grant under the program shall only be awarded once per fiscal year,
with a maximum award amount of $100,000 per business.� Applications for the
program shall be submitted through the Internet website of the office.
���� b.��� Eligibility and
application requirements for the program shall be determined by the Office of
Homeland Security and Preparedness.� Sensitive businesses awarded under the
program shall be determined by the office to be at high risk of a cybersecurity
incident affecting its operations within the State.
���� c.���� The grant funds under
the program shall be administered on a reimbursement basis and shall require
the sensitive businesses awarded funds under the program to submit
documentation of purchase orders, invoices, cancelled checks, or other
transactional documents to the Office of Homeland Security and Preparedness
prior to receiving reimbursement.
���� d.��� As used in this section:
���� �Sensitive business� means a
sole proprietorship, partnership, corporation, association, or other for-profit
or not-for-profit entity that is engaged in the financial or healthcare
industries and does business in this State.� The term �sensitive business�
shall include a financial institution organized, chartered, or holding a
license or authorization certificate under the laws of this State or any other
state in the United States or of any other country, and shall include the
parent or the subsidiary of a financial institution.
���� �Target hardening equipment�
means the items, services, or resources used to strengthen the cybersecurity of
a sensitive business, with the purpose of reducing the risk of a cybersecurity
incident to the sensitive business or to protect the sensitive business in the
event of a cybersecurity incident.�
���� 2.��� There is appropriated
from the General Fund to the Office of Homeland Security and Preparedness $5
million to effectuate the purposes of this act.
���� 3.��� This act shall take
effect on the 90th day next following enactment.
STATEMENT
���� This bill establishes the �New
Jersey Cybersecurity Grant Program� in the Office of Homeland Security and
Preparedness and appropriates $5 million from the General Fund.
���� The �New Jersey Cybersecurity
Grant Program� will award grants to sensitive businesses seeking to defray the
costs, either in whole or in part, of acquiring target hardening equipment to
mitigate cybersecurity risks. �Sensitive businesses seeking a grant under the
program will only be awarded once per fiscal year, with a maximum award amount
of $100,000 per business.� Sensitive businesses awarded under the program must
be determined by the Office of Homeland Security and Preparedness to be at high
risk of a cybersecurity incident that affects its operations within the State.
���� Applications for the program will
be submitted through the Internet website of the Office of Homeland Security
and Preparedness. �Grant funds under the program will be administered on a
reimbursement basis and will require the sensitive businesses awarded under the
program to submit documentation of purchase orders, invoices, cancelled checks,
or other transactional documents to the office prior to receiving
reimbursement.
���� For the purpose of this bill,
�sensitive business� means a sole proprietorship, partnership, corporation,
association, or other for-profit or not-for-profit entity that is engaged in
the financial or healthcare industries and does business in New Jersey.� The
term �sensitive business� includes a financial institution organized,
chartered, or holding a license or authorization certificate in New Jersey or in
any other state in the United States or in any other country, and includes the
parent or the subsidiary of a financial institution.