New Jersey S1769 allows small employers to claim a tax credit for paying certain health benefits plan premiums.

New Jersey S1769 allows small employers with fewer than 20 employees to claim a tax credit for paying their employees' health benefits plan premiums. The credit is calculated based on the percentage of the premium the employer pays and the type of coverage. Employers can claim up to $250 for each employee with single coverage and $500 for each employee with family coverage if they pay 100% of the premium. If the employer pays at least 50% but less than 100% of the premium, they can claim a percentage of the maximum credit.

New Jersey S1769 allows small employers to claim a tax credit for paying certain health benefits plan premiums.

New Jersey S1769 allows small employers with fewer than 20 employees to claim a tax credit for paying their employees' health benefits plan premiums. The credit is calculated based on the percentage of the premium the employer pays and the type of coverage. Employers can claim up to $250 for each employee with single coverage and $500 for each employee with family coverage if they pay 100% of the premium. If the employer pays at least 50% but less than 100% of the premium, they can claim a percentage of the maximum credit.