A3465

The New Jersey Battlefield to Boardroom Act; provides corporation business tax credits and gross income tax credits for qualified wages of certain veterans.

Introduced·2/5/24
Introduced Text

New Jersey Battlefield to Boardroom Act offers tax credits for wages of certain veterans.

The New Jersey Battlefield to Boardroom Act provides corporation business tax credits and gross income tax credits for qualified wages of certain veterans. To qualify, employers must ensure 25% of new hires are qualified veterans, provide accessible veteran support services, and support recruitment efforts for veterans and their families. The credits are limited to $1,200 per veteran per tax year and are available for tax years starting after January 1, 2018, but before January 1, 2022.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Military and Veterans' Affairs Committee
Next
Session adjourned — paused until it reconvenes

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Feb 5, 2024

Assembly

Introduced, Referred to Assembly Military and Veterans' Affairs Committee