Bill
Bill > S2891
summary
Introduced
03/04/2024
03/04/2024
In Committee
03/04/2024
03/04/2024
Crossed Over
Passed
Dead
01/12/2026
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, 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 establishes a dedicated funding stream of up to $1.5 million annually from the Workforce Development Partnership Fund for the New Jersey Manufacturing Extension Program, Inc. (NJMEP), a non-profit organization that assists manufacturers in improving their profitability and competitiveness. To accommodate this new funding, the bill reduces the allocation from the Workforce Development Partnership Fund to the Office of Customized Training by $1.5 million, while still allowing for the NJMEP's activities to be supported. The Workforce Development Partnership Fund is a state fund used to provide employment and training services.
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)
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/2024/S2891 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2891_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2891_I1.HTM |
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