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Bill

Bill

S 1245

Establishes manufacturing machine and metal trade apprenticeship tax credit program.

2026-2027 Regular Session Introduced by Linda Greenstein

New Jersey bill creates tax credits for employers sponsoring manufacturing and metal trade apprentices to address skilled workforce shortages.

Introduced in the Senate, Referred to Senate Labor Committee
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Bill Summary · S 1245

Legislative bill overview

S 1245 creates a tax credit program in New Jersey for employers who participate in manufacturing machine and metal trade apprenticeships. The bill incentivizes workforce development in skilled trades by offering financial incentives to businesses that sponsor apprentices in these specialized fields.

Why is this important

New Jersey faces workforce shortages in manufacturing and skilled trades as experienced workers retire. Tax credits can reduce employer costs and encourage participation in apprenticeship programs, potentially strengthening the state's industrial base and creating pathways to middle-class careers for workers without four-year degrees.

Potential points of contention

  • Cost to state budget: The fiscal impact of the tax credit program is unclear—unclear how many employers would participate or what the total tax revenue loss would be
  • Equity concerns: Benefits may concentrate in certain regions or only reach employers with sufficient tax liability; unclear if underserved communities would benefit equally
  • Program design details: The bill lacks specifics on credit amount, eligibility requirements, wage standards for apprentices, and how the program would be administered and monitored for effectiveness

Compiled from official sources — confirm details with the bill’s official record.

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