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Bill > A4388
NJ A4388
NJ A4388Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
summary
Introduced
06/27/2022
06/27/2022
In Committee
06/27/2022
06/27/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This establishes a permissive program wherein an employer that provides full paid leave for employees, for up to two full work days, to take time needed by the employee in connection with a child of the employee to attend a school-related conference, meeting, function or other event, will be entitled to a tax credit for the amount of wages paid to an employee for the use of the leave.
AI Summary
This bill establishes a program in the Department of Labor and Workforce Development to provide tax credits to employers that offer full paid family leave for up to two full work days to employees to attend their child's school-related events. The tax credits can be claimed against the corporation business tax or the gross income tax, and the total amount of tax credits awarded annually is capped at $10 million. The bill also requires the Commissioner to adopt regulations and prepare biennial reports on the program.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Introduced, Referred to Assembly Labor Committee (on 06/27/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A4388 |
| BillText | https://pub.njleg.gov/Bills/2022/A4500/4388_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A4500/4388_I1.PDF |
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