Provides corporation business tax and gross income tax credits for employers of certain persons with disabilities.
Introduced First Reading Assembly Referred to AHU
Summary
The bill creates a credit against New Jersey corporation business tax and gross income tax equal to 15% of wages paid to eligible disabled employees, capped at $2,000 per employee. Employers must obtain a certification from the Director of Vocational Rehabilitation Services to claim the credit. The measure aims to encourage hiring of people with disabilities while protecting their privacy.
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