NJ S65

Creates a new corporate designation called "Garden State Corporation" for manufacturing companies that primarily operate facilities in New Jersey and give employees a significant role in corporate governance

Requires half of the board of directors to be elected by employees working in New Jersey facilities, with these employee-elected directors having equal authority on all corporate matters including officer selection, facility locations, and bylaw amendments

Provides corporation business tax credits for Garden State Corporations: 35% for years 1-5, 25% for years 6-7, and 15% for years 8-9 of continuous operation

Offers enhanced tax credits for Garden State Corporations that also qualify as benefit corporations: 60% for years 1-5, 45% for years 6-7, and 30% for years 8-9

Limits total eligibility for tax credits to nine years, with years receiving the higher benefit corporation credits reducing available years for the standard Garden State Corporation credits