A 4804
Creates "New Jersey Workplace Skills Savings Program"; appropriates $25 million.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes the "New Jersey Workplace Skills Savings Program," allowing employees to create individual savings accounts for job training and skills development. Workers can contribute up to $1,000 annually, with the state providing a dollar-for-dollar match. The Department of Labor and Workforce Development will administer the program, and the Department of the Treasury will manage the trust fund. The bill also appropriates $25 million to support the program’s operations and matching contributions.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Jerry Walker
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.