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Bill

A 2369

"New Jersey Works Act"; concerns businesses and pre-employment training programs; provides tax credit to businesses supporting pre-employment training programs; appropriates $1 million.*

2024-2025 Regular Session Introduced by Reginald Atkins and 17 co-sponsors

New Jersey tax credits incentivize businesses to fund pre-employment worker training programs with $1 million state appropriation.

Reported out of Assembly Committee with Amendments, 2nd Reading
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Bill Summary · A 2369

Legislative bill overview

Bill A 2369 creates a tax credit mechanism to incentivize New Jersey businesses to support pre-employment training programs that prepare workers for jobs. The bill appropriates $1 million in state funding to support this initiative. It has progressed through committee review with amendments as of June 2024.

Why is this important

Pre-employment training programs address workforce skill gaps and can improve job placement outcomes, particularly for disadvantaged populations. Tax credits can encourage private sector participation in workforce development at relatively low state cost, though effectiveness depends on program design and whether credits actually change business behavior rather than simply reward existing practices.

Potential points of contention

  • Tax credit design details: The bill text doesn't specify credit amounts, eligibility criteria, or verification mechanisms—critical details that determine actual fiscal impact and whether businesses genuinely increase training support or claim credits for activities they'd undertake anyway
  • Appropriation sufficiency: $1 million is modest for statewide workforce development; stakeholders may debate whether funding adequately supports program administration and whether the tax credit will exceed available appropriations
  • Equity and access: Questions about which training programs qualify, whether credits reach underrepresented communities, and if the private-sector incentive model adequately serves populations with greatest barriers to employment

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

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