Provides corporation business tax and gross income tax credits for businesses that employ apprentices in DOL registered apprenticeships.

New Jersey's S 2169 provides tax credits to businesses that hire apprentices in U.S. Department of Labor (DOL)-registered programs. Businesses receive a base $1,000 credit per apprentice per tax year, with an additional $2,000 credit if the apprentice is a veteran, displaced worker, previously incarcerated, or from an underrepresented group (based on race, gender, etc.). To qualify, the apprentice must be employed for at least seven months during the tax year, and the credit cannot be claimed for more than four years per apprentice. The bill also prohibits using these credits to displace existing workers or undermine collective bargaining agreements.