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Bill

Bill

A 2513

Provides employers with various tax incentives for hiring persons with disabilities under insurance premiums tax, corporation business tax and gross income tax.

2024-2025 Regular Session Introduced by Erik Peterson and 3 co-sponsors

New Jersey bill creates employer tax incentives for hiring people with disabilities to increase employment inclusion through reduced business and income taxes.

Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
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WeVote Research Nonpartisan
Bill Summary · A 2513

Legislative bill overview

Bill A 2513 creates tax incentives for New Jersey employers who hire individuals with disabilities, offering reductions in insurance premiums tax, corporation business tax, and gross income tax. The bill aims to encourage businesses to expand employment opportunities for people with disabilities through financial benefits tied to their hiring practices.

Why is this important

Employment rates for people with disabilities remain significantly lower than for the general population, and tax incentives can remove financial barriers to hiring. By reducing business tax burdens for inclusive hiring, the bill attempts to create market-driven solutions to employment discrimination while generating tax revenue impacts that merit scrutiny.

Potential points of contention

  • Tax revenue impact: The foregone tax revenue from these incentives must be balanced against the economic benefits of increased employment and disability community participation
  • Incentive effectiveness: Questions about whether tax breaks actually change hiring behavior versus simply rewarding companies that would hire these individuals anyway
  • Implementation and verification: Defining "persons with disabilities," establishing proof of employment, and preventing fraud require clear administrative mechanisms
  • Equity concerns: Some may argue direct subsidies to workers or comprehensive anti-discrimination enforcement would be more effective than employer tax breaks

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

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