New Jersey A2955 provides tax incentives for employers hiring persons with disabilities.

New Jersey A2955 provides employers with tax incentives for hiring and accommodating persons with disabilities. Employers can receive credits against insurance premiums tax, corporation business tax, and gross income tax. The bill allows a credit of 30% of up to $6,000 of wages for the first year and 20% for the second year of employment for a qualified employee with a disability. Employers can also claim up to $600 for transportation expenses to enable the employee to travel to and from work.

New Jersey A2955 provides tax incentives for employers hiring persons with disabilities.

New Jersey A2955 provides employers with tax incentives for hiring and accommodating persons with disabilities. Employers can receive credits against insurance premiums tax, corporation business tax, and gross income tax. The bill allows a credit of 30% of up to $6,000 of wages for the first year and 20% for the second year of employment for a qualified employee with a disability. Employers can also claim up to $600 for transportation expenses to enable the employee to travel to and from work.