"New Jersey Works Act"; permits businesses to apply for tax credits for establishing approved pre-employment and work readiness training programs in partnership with schools, nonprofit organizations, or educational institutions.

Summary

The New Jersey Works Act lets eligible businesses apply for tax credits when they provide money for approved pre‑employment and work‑readiness training programs partnered with higher‑education institutions, comprehensive high schools, county vocational schools, or nonprofit organizations. Programs must be at least 12 weeks long, pay participants at least the state minimum wage, target low‑ and moderate‑income households, and culminate in a job offer from the sponsoring business. The measure seeks to create a pipeline of workers for occupations that have a demonstrated excess demand for trained labor.

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