Bill

Bill > S2891


NJ S2891

Supports activities of New Jersey Manufacturing Extension Program, Inc.


summary

Introduced
03/04/2024
In Committee
03/04/2024
Crossed Over
Passed
Dead

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, 35 percent 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 the state. The funding would come from the Workforce Development Partnership Fund, which is reduced by $1.5 million from the allocation for the Office of Customized Training. The NJMEP helps organizations enhance their productivity, reduce costs, and improve employee performance.

Committee Categories

Labor and Employment

Sponsors (4)

Last Action

Senate Labor Hearing (10:00:00 6/5/2025 Committee Room 6, 1st Floor, State House Annex, Trenton, NJ) (on 06/05/2025)

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