Provides corporation business tax credits and gross income tax credits to employers that hire certain individuals through One-Stop Career Centers.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill provides corporation business tax credits and gross income tax credits to employers who hire specific individuals through New Jersey’s One-Stop Career Centers. Employers can receive a tax credit equal to the salary and wages paid to each qualified employee, up to a maximum of $3,000 per employee. The bill outlines specific requirements for qualifying employees, including a minimum employment period and participation in career center training programs. Unused tax credits can be carried forward for a limited number of years.
Bill text
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1 on record
Primary sponsor
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