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Bill > A3075

NJ A3075

NJ A3075
Provides corporation business tax credits and gross income tax credits to businesses employing and retaining certain neurodiverse individuals.

summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill provides corporation business and gross income tax credits to taxpayers that employ certain neurodiverse individuals that work in qualifying STEM or artificial intelligence fields. The bill requires the Director of the Division of Vocational and Rehabilitation Services in the Department of Labor and Workforce Development to certify that an individual works in a qualifying role and is considered to be neurodiverse in accordance with guidelines to be issued by the director. The credit for wages paid to a full-time qualified neurodiverse employee increases in amount depending on the number of consecutive years in which a taxpayer pays wages to the individual, as follows: not more than $7,000 per employee in the first year of employment; not more than $8,000 per employee in the second consecutive year of employment; and not more than $9,000 per employee in the third consecutive year of employment and each consecutive year of employment thereafter. The credit amount for wages paid to a part-time employee would not exceed $4,500 per employee in any privilege period or taxable year.

AI Summary

This bill provides tax credits to businesses that employ and retain neurodiverse individuals in qualifying science, technology, engineering, math (STEM), or artificial intelligence (AI) roles. To qualify, a neurodiverse employee must be certified by the Director of the Division of Vocational Rehabilitation Services, who will also determine if the employment is full-time (at least 35 hours per week) or part-time. The tax credit for wages paid to a full-time neurodiverse employee increases with consecutive years of employment, starting at $7,000 in the first year, $8,000 in the second, and $9,000 in the third and subsequent years. For part-time neurodiverse employees, the credit is capped at $4,500 per year. Businesses must apply for these credits, and the Director has 90 days to approve applications, with a provision for automatic approval if no determination is made within that timeframe. The bill also specifies that information about certified neurodiverse employees will be kept confidential, with limited exceptions. The credits can be carried forward for up to seven years if they cannot be fully utilized in a given tax period due to limitations, and the Director of the Division of Taxation will determine the order of priority for applying these credits alongside other tax credits.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/13/2026)
(3 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2026/A3075
BillText https://pub.njleg.gov/Bills/2026/A3500/3075_I1.HTM
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