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Bill > S2515
NJ S2515
NJ S2515Allows credit against corporation business tax and gross income tax liability for employing persons with a developmental disability.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill allows taxpayers to claim a credit against their corporation business tax liability or gross income tax liability in the amount of 10 percent of salary and wages paid to an employee with a developmental disability. The credit is capped at $3,000 per employee, and the total credit is capped at $60,000 per taxpayer per year. The bill defines "employee with a developmental disability" as an employee of the taxpayer who has a developmental disability as defined in N.J.S.A.30:6D-25 and for who the Division of Developmental Disabilities in the Department of Human Services has declared eligible for its services. New Jersey already allows taxpayers to claim a credit for the employment of certain persons with disabilities at an occupational training center or sheltered workshop. This bill allows a credit for any type of employment, but taxpayers will be prohibited from claiming the credit allowed by this bill if in the same year they claim a credit for employment of the same employee at an occupational training center or sheltered workshop.
AI Summary
This bill allows businesses to claim a tax credit against their corporation business tax or gross income tax liability for employing individuals with a developmental disability, which is defined as a condition recognized by the Division of Developmental Disabilities in the Department of Human Services. The credit is equal to 10 percent of the salary and wages paid to such an employee, with a maximum of $3,000 per employee and a total annual cap of $60,000 per taxpayer. This new credit applies to any type of employment, unlike existing credits that are limited to occupational training centers or sheltered workshops, but a taxpayer cannot claim both credits for the same employee in the same year. The bill also includes provisions for immediate implementation and the adoption of necessary regulations.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/13/2026)
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/2026/S2515 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2515_I1.HTM |
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