The New Jersey Battlefield to Boardroom Act; provides corporation business tax credits and gross income tax credits for qualified wages of certain veterans.
This bill provides tax credits to New Jersey employers who hire "qualified veterans" (NJ residents honorably discharged since 1965 with proof of service). Employers receive a 10% credit on qualified wages paid to these veterans, capped at $1,200 per veteran annually, for wages earned during sustained employment (at least 185 business days). To qualify, employers must hire 25% new veterans (or 50% retention from prior year), offer workplace veteran support services, and conduct targeted recruitment. The credit applies only to wages paid between 2020-2024 and cannot be combined with other state employment tax credits or grants.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee
upper
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Linda Greenstein
DDemocratic
P
Troy Singleton
DDemocratic
Co
Jim Beach
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about S 990
Scope: NJ
Hi! I can help you understand S 990. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline