Urges Congress and President to enact legislation that penalizes companies that outsource labor to foreign markets.

SCR 88 is a New Jersey Senate resolution (not a law) urging Congress and the President to create federal penalties for companies that outsource U.S. jobs to foreign markets. It specifically calls for legislation that would deny outsourcing companies federal contracts, tax breaks, grants, or loans, and impose an "outsourcing tax" on firms replacing American workers with lower-wage overseas labor. The resolution cites statistics showing 14 million U.S. jobs held by foreign affiliates of American companies in 2023 (up 3 million since 2009), arguing this trend harms the 7.6 million unemployed Americans, including 240,000 in New Jersey. As a non-binding resolution, it does not enact penalties itself but requests federal action to incentivize domestic hiring.