New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill AJR51

Introduced
1/11/22  
Refer
1/11/22  

Caption

Designates second week of June of each year as "Kids Entrepreneurship Awareness Week."

Impact

The implementation of AJR51 is expected to elevate the dialogue around entrepreneurship education within New Jersey. By designating a specific week for awareness, it compels public officials, educators, and community leaders to collaborate on initiatives that introduce young people to the concepts of business development and management. This can contribute to building a more knowledgeable future workforce equipped with essential skills such as leadership, time management, and financial literacy, which are not only beneficial for potential entrepreneurs but also sought after in various job markets.

Summary

Assembly Joint Resolution AJR51 designates the second week of June each year as 'Kids Entrepreneurship Awareness Week' in New Jersey. The resolution aims to promote the benefits of understanding business ownership to the state's youth and is based on the belief that entrepreneurship can provide a pathway to wealth and prosperity, especially for individuals in low-income communities. By encouraging the learning of entrepreneurship, the resolution seeks to foster responsible and enterprising individuals who can enhance the state's economy through innovative business practices.

Contention

While the bill appears to have notable support for its intent, potential points of contention might arise concerning the effectiveness and methodology of implementing entrepreneurship education. Critics might argue about the logistics of how this week will be observed and whether the activities promoted will translate into significant educational advancements. Furthermore, establishing a comprehensive framework that ensures the engagement of all communities, particularly those underserved, could also pose challenges. This calls for a thorough examination of resources and collaborations needed to make this initiative impactful.

Companion Bills

NJ SJR22

Same As Designates second week of June of each year as "Kids Entrepreneurship Awareness Week."

Similar Bills

NJ SJR22

Designates second week of June of each year as "Kids Entrepreneurship Awareness Week."

LA HB507

Increases the maximum gross receipts threshold for the La. Initiative for Small Entrepreneurships (Hudson Initiative) and the Veteran Initiative

LA HB754

Provides relative to certain veteran-owned small entrepreneurships

TX HR196

Honoring the Intellectual Entrepreneurship Consortium at The University of Texas at Austin for its innovative leadership in the realm of higher education.

LA HB591

Creates the Louisiana Small Business and Entrepreneurship Council (EN SEE FISC NOTE GF EX See Note)

US HB6457

Minority Entrepreneurship Grant Program Act of 2023

NM SB62

Office Of Entrepreneurship & Innovation

HI HB521

Relating To Office Of Entrepreneurship.