NJ S3214

Establishes the "New Jersey Earn and Learn Program" within the Department of Labor and Workforce Development, effective January 1, 2027, to provide tax credits encouraging employers to offer apprenticeships and paid internships leading to permanent employment.

Provides a base tax credit of $3,000 per enrollee against corporation business tax or gross income tax, with an additional $1,000 credit available for businesses with fewer than 100 employees, enrollees from underrepresented protected classes, or businesses owned 50% or more by members of underrepresented protected classes.

Grants an additional $1,000 credit when enrollees complete their program, are converted to full-time employment within 12 months, receive commensurate salary, and maintain employment for at least six months.

Caps the total tax credits at $500,000 per taxpayer per taxable year and limits program participation to three years per individual enrollee.

Excludes building and construction trade businesses (NAICS Sector 23) from eligibility and requires annual reporting to the Governor and Legislature on program participation, job placements, and workforce impact.