The Assembly is due to vote on the measure Monday.
Proponents say the measure would prevent another gas crisis like the one after Superstorm Sandy.
Fuel industry leaders have supported the bill, but they stress the need to also focus on delivery issues that plagued motor fuel operations following the storm.
The measure would create a two-year pilot program that would provide loans for up to 10 years and $10,000.
Under the bill, qualified gas stations would be those on or near the Atlantic City Expressway, the Garden State Parkway, the New Jersey Turnpike and other roads considered evacuation routes.