S 4878 New Jersey Senate · 2024-2025 Regular Session

Creates "New Jersey Workplace Skills Savings Program"; appropriates $25 million.

S 4878 creates the "New Jersey Workplace Skills Savings Program," allowing eligible New Jersey workers to save for job training and career development. Employees (aged 18+ living in or working in New Jersey, subject to state income tax) can contribute up to $1,000 annually to a personal account, with the state matching each dollar contributed, for a total potential of $2,000 per year. Funds may cover training, license exams, apprenticeships, or retraining costs, and the program is administered by the Department of Labor and Workforce Development with the Department of the Treasury managing the trust. The bill appropriates $25 million from the state budget to fund the matching contributions and program administration, requiring annual reports on participation and outcomes.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2025
Committee Review
Floor Vote
Governor
Introduced Nov 17, 2025 Last action Nov 17, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Nov 17, 2025
Introduced
Introduced in the Senate, Referred to Senate Labor Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Troy Singleton
Troy Singleton
DDemocratic
NJ
7