The New Jersey Battlefield to Boardroom Act provides tax credits to New Jersey businesses that hire veterans meeting specific criteria. Businesses can claim a credit equal to 10% of qualified wages paid to veterans (capped at $1,200 per veteran annually) for wages earned between 2026 and 2029. To qualify, businesses must hire at least 25% veterans as new employees, maintain 50% of veterans hired the previous year, and provide veteran support services and recruitment efforts. The credit cannot exceed 50% of the business tax liability and is void if wages are claimed for other state benefits.
This bill allows businesses and nonprofits to adopt and maintain stormwater basins in specific New Jersey watersheds (including Lake Hopatcong, Budd Lake, and others), with the state offering a corporation business tax credit for participation. It requires government agencies to verify adopters' capability to manage basins per environmental regulations, establishes formal adoption agreements, and provides liability protections through waivers and insurance requirements. The program applies only to basins owned by state or local agencies in designated watersheds, with no cost to the agencies themselves. The bill is currently pending in the Assembly Environment Committee (introduced January 13, 2026).
This New Jersey bill creates tax credits for businesses that hire immediate family members (spouse, child, or parent) of military personnel killed in action. Employers receive a 10% credit on qualified wages paid to these new full-time employees, capped at $1,200 per family member annually, for employment lasting at least nine consecutive months. The credit is nonrefundable but can be carried forward for up to 20 years, and it cannot be combined with other state employment tax credits. The bill applies to wages subject to New Jersey's Gross Income Tax and includes provisions for recapturing credits due to noncompliance.
This New Jersey bill provides tax credits for businesses and individuals who pay qualified wages to disabled veterans. It allows a 15% credit (capped at $1,800 per veteran annually) on wages paid to veterans with a 30%+ service-connected disability rating from the U.S. Department of Veterans Affairs, for sustained employment (185+ business days) during 2017-2020. The credit applies against both corporation business tax and gross income tax, with unused portions carryable forward for up to seven years. Businesses cannot claim the credit if wages are already counted toward other state tax credits or if the veteran hire appears to replace existing workers solely for the credit.
This bill provides a 25% tax credit against New Jersey's Corporation Business Tax for businesses constructing new warehouses or retrofitting existing ones to meet specific green building standards. It directly affects commercial property owners and developers who build or upgrade warehouses to achieve at least a LEED Silver, Green Globes Two-Globe, or equivalent nationally recognized sustainability rating. Eligible costs include construction, engineering, and site work (excluding land, computers, or fuel cells), with credit eligibility requiring certification from a licensed engineer/architect and a certificate of occupancy. The credit applies to projects meeting the bill's defined "green warehouse" standards, which must be solar-ready and designed for renewable energy integration. The Department of Community Affairs must issue an eligibility certificate verifying compliance before the tax credit can be claimed.
This bill creates a tax credit for New Jersey employers who hire qualified individuals with disabilities. Employers can claim a 15% credit on wages paid to these employees (up to $2,000 per employee annually), provided the worker meets ADA criteria, works at least 35 hours weekly at $15+ per hour, and is not an independent contractor. To qualify, employers must apply for certification through the Division of Vocational Rehabilitation Services, which must approve applications within 90 days. The credit applies to both corporation business tax and gross income tax returns, with limits preventing credits from reducing tax liability below the statutory minimum.
This bill provides tax credits for businesses purchasing hydrogen fuel cell vehicles for commercial use. Businesses can claim up to 25% of the vehicle cost (capped at $15,000) in 2023, decreasing to 8% ($5,000 cap) by 2025. To qualify, businesses must obtain certification from the Environmental Protection Commissioner confirming the vehicle meets specifications and is used exclusively for business operations. The credits apply against both New Jersey's corporation business tax and gross income tax.
This bill creates a new exclusion from New Jersey's gross income tax and corporation business tax for certain small business income. It directly affects qualifying small businesses by allowing them to exclude specific income from their taxable base under these two tax codes. The key mechanism establishes a defined exclusion for small business income while revising statutory definitions related to tax calculations, such as "net worth" and "taxpayer." The bill does not specify exact income thresholds but provides the framework for excluding qualifying small business revenue from state taxation.
New Jersey's bill A 3913 creates a tax credit program to incentivize employers to hire military spouses affected by frequent relocations. Employers who hire nonresident military spouses (spouses of active-duty service members transferred to New Jersey, legally domiciled here, or on permanent change-of-station) can claim a tax credit equal to 15% of wages for 120-400 hours worked or 25% for over 400 hours annually, capped at $2,400 per employee. The credit reduces the employer's corporation business tax or gross income tax liability. This policy directly supports military spouses whose careers are disrupted by service-related moves, aiming to improve their employment stability.
This bill creates tax credits for New Jersey businesses that employ members of the New Jersey National Guard or reserve components of the U.S. Armed Forces. Employers receive a $1,500 credit per service member not on deployment, or $2,500 for those who have completed deployment or returned from activation. The credits apply to both the corporation business tax and gross income tax, with specific rules for partnerships and S corporations. It directly affects New Jersey businesses hiring these service members, providing financial incentives based on their deployment status.
