BillTrack50 logo
Free Signup Login
Bill

Bill > A1332

NJ A1332

NJ A1332
Supports activities of New Jersey Manufacturing Extension Program, Inc.

summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would establish a permanent new source of funding of up to $1.5 million for the New Jersey Manufacturing Extension Program, Inc., (NJMEP) or an appropriate successor from the Workforce Development Partnership Fund. The NJMEP is a private, non-profit organization that seeks to improve the profitability and competitiveness of manufacturers in this State. NJMEP helps organizations to enhance their productivity and efficiencies, reduce costs, and improve employee performance. Under current law, of the total revenues dedicated to the Workforce Development Partnership Funds, 37% is reserved for and appropriated to the Office of Customized Training. The bill reduces this allocation by $1.5 million.

AI Summary

This bill would establish a permanent new source of funding of up to $1.5 million for the New Jersey Manufacturing Extension Program, Inc. (NJMEP), a private, non-profit organization that seeks to improve the profitability and competitiveness of manufacturers in New Jersey. The bill reduces the allocation from the Workforce Development Partnership Fund to the Office of Customized Training by $1.5 million to fund the NJMEP's activities, which include helping organizations enhance their productivity, reduce costs, and improve employee performance.

Committee Categories

Labor and Employment

Sponsors (10)

Last Action

Introduced, Referred to Assembly Labor Committee (on 01/09/2024)
(2 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A1332
BillText https://pub.njleg.gov/Bills/2024/A1500/1332_I1.HTM
Loading...