A5316

New Jersey Artificial Intelligence Workforce Transition Act establishes a five-year framework to prepare workers for AI-driven labor disruption.

The New Jersey Artificial Intelligence Workforce Transition Act establishes a five-year framework to prepare New Jersey workers for artificial intelligence-driven labor disruption. The act incentivizes employers to retain workers through tax credits for maintaining headcount, retraining existing employees, and hiring displaced workers. It requires employers with 100 or more employees to notify the state 90 days in advance of AI-driven layoffs affecting 25 or more workers, with penalties for non-compliance.