NJ S2515

Creates a tax credit equal to 10% of salary and wages paid to employees with developmental disabilities, applicable against both New Jersey corporation business tax and gross income tax.

Caps the credit at $3,000 per qualifying employee and $60,000 total per taxpayer per year.

Defines qualifying employees as those with developmental disabilities recognized by and eligible for services from the Division of Developmental Disabilities in the Department of Human Services.

Prohibits taxpayers from claiming this credit and the existing credit for employment at occupational training centers or sheltered workshops for the same employee in the same year.

Takes effect for taxable years beginning on or after January 1 following enactment, with unused credits not carrying forward to future years.