New Jersey · 2026-2027 Regular Session · Bill

S 4031: Provides corporation business tax credit for certain investment in manufacturing equipment and manufacturing facility renovation, modernization, and expansion, or hiring and training of new employees for manufacturing purposes.

In committee Last action March 19, 2026: Introduced in the Senate, Referred to Senate Economic Growth Committee

Plain-language summary

S 4031 is a bill introduced in the New Jersey Senate on March 19, 2026. According to its official title, it concerns: Provides corporation business tax credit for certain investment in manufacturing equipment and manufacturing facility renovation, modernization, and expansion, or hiring and training of new employees for manufacturing purposes. Primary sponsor: Joe Vitale (Democratic). Most recent recorded action (March 19, 2026): Introduced in the Senate, Referred to Senate Economic Growth Committee.

Sponsors

Primary sponsor: Joe Vitale (Democratic).