{"data":{"id":"us-nj/n.j.-stat.-34-1b-404","jurisdiction":"us-nj","citation":"N.J. Stat. § 34:1B-404","heading":"Findings, declarations.","body":"2.\tThe Legislature finds and declares that:\na.\tManufacturers are vital contributors to the State's economic health and overall prosperity.  They serve as engines of growth, driving job creation, stimulating innovation, and fostering a robust and productive workforce. By producing goods and contributing to the supply chain, manufacturing facilities bolster the State's competitiveness in the global market.\nb.\tProjects involving manufacturing and manufacturers are inherently beneficial to the State because they provide vital contributions to the communities in which they are located, enhancing the quality of life for residents and producing immeasurable economic benefits to the State.\nc.\tThe Next New Jersey Manufacturing Program is a comprehensive tax credit program designed to drive substantial investment, foster the creation of new jobs, and position New Jersey as a leader in the manufacturing economy. The program will encourage a wide range of manufacturing activities benefitting various industries, including advanced manufacturing; non-retail food and beverage; life sciences; defense; and the production of components for clean energy technologies, such as offshore wind, solar, geothermal, green hydrogen, nuclear energy, fuel cells, battery storage, and other sustainable clean energy solutions.\nd.\tBy offering competitive incentives, the Next New Jersey Manufacturing Program encourages companies to allocate their capital investments to New Jersey while demonstrating a long-term commitment to the State’s economic growth. The program is designed for manufacturing facilities that establish or expand their physical presence in New Jersey.\nL.2025, c.123, s.2.","path":["TITLE 34 LABOR AND WORKMEN'S COMPENSATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"e8366f796cce20b243e3758af9fa92f4bd04fee4b8312c4afec071cc9175d22a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-34-1b-403","next":"us-nj/n.j.-stat.-34-1b-405"},"notice":"GroundRules: Original legal text. Not legal advice."}