S 2860
Establishes Artificial Intelligence Apprenticeship Program and artificial intelligence apprenticeship tax credit program.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill creates two programs to support the growth of the artificial intelligence industry in New Jersey. It establishes an Artificial Intelligence Apprenticeship Program within the Department of Labor and Workforce Development, designed to connect apprentices with AI companies and educational institutions. Additionally, the bill introduces an artificial intelligence apprenticeship tax credit, allowing businesses that employ qualified apprentices in AI-related fields to receive a tax credit for a portion of their wages, up to a maximum of $5,000 per apprentice per year.
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