Establishes "New Jersey Earn and Learn Program;" provides tax credits for employers providing structured apprenticeships and paid internships.

This bill creates the New Jersey Earn and Learn Program to encourage employers to hire individuals into structured apprenticeships and paid internships that lead to permanent employment. Under the program, businesses can receive tax credits against state taxes of $3,000 for each enrollee, with additional $1,000 credits available for hiring from underrepresented groups or for retaining workers who complete their training and stay employed for six months. The Department of Labor and Workforce Development will manage the program, certify eligible employers, and ensure that participants receive combined classroom and on-the-job training or supervised practical experience. The total tax credit an employer can claim in a single year is capped at $500,000, and the program is designed to run for a three-year period per individual participant.