New Jersey A3631 provides tax credits for employers who hire disabled veterans with a service-connected disability rating of 30% or higher.

New Jersey A3631 offers employers a tax credit for hiring disabled veterans. Employers can claim a credit of 15% of the wages paid to a qualified disabled veteran, up to a maximum of $1,800 per veteran per taxable year or privilege period. A qualified disabled veteran is a New Jersey resident who was honorably discharged from the U.S. Armed Forces on or after January 1, 1990, and has a service-connected disability rating of 30% or higher. The bill also allows employers to apply for a tax credit transfer certificate, which can be sold or assigned to another taxpayer.

New Jersey A3631 provides tax credits for employers who hire disabled veterans with a service-connected disability rating of 30% or higher.

New Jersey A3631 offers employers a tax credit for hiring disabled veterans. Employers can claim a credit of 15% of the wages paid to a qualified disabled veteran, up to a maximum of $1,800 per veteran per taxable year or privilege period. A qualified disabled veteran is a New Jersey resident who was honorably discharged from the U.S. Armed Forces on or after January 1, 1990, and has a service-connected disability rating of 30% or higher. The bill also allows employers to apply for a tax credit transfer certificate, which can be sold or assigned to another taxpayer.