Bill > S2015

This bill establishes a program to incentivize employers to offer paid leave to employees for attending school-related events involving their children, providing tax credits to offset the cost of wages paid during this leave. Specifically, employers can receive a tax credit for providing up to two full work days of paid leave, in addition to any required earned sick leave, for employees to attend school conferences, meetings, or other functions related to their child. This credit can be applied against either the corporation business tax or the gross income tax, whichever is applicable to the employer. The total value of tax credits approved annually by the Commissioner of Labor and Workforce Development is capped at $10,000,000, and the commissioner will report to the Legislature on the sufficiency of this cap. The bill also clarifies that employers cannot require employees to exhaust other leave types before using this new paid leave. The program is set to begin for tax years or privilege periods starting on or after January 1, 2025.

Labor and Employment

https://www.njleg.state.nj.us/bill-search/2026/S2015