The proposed bill establishes a 10-year Menstrual Leave and Remote Work Pilot Program within the New Jersey Department of Labor and Workforce Development, designed to support employees suffering from qualifying menstrual disorders such as uterine fibroids, endometriosis, and polycystic ovary syndrome. Eligible employees must provide documentation from their treating physician to qualify for up to two fully paid working days of medical leave and two days of remote work per month. Employers who participate in the program can receive tax credits to help offset the costs associated with providing these benefits.

The bill outlines a tax credit structure for participating employers, offering a dollar-for-dollar tax credit for wages paid during the medical leave program and a 25% credit for wages paid during the remote work program, with a cap of two days per month for each component. The total annual value of tax credits is limited to $10 million for medical leave and $5 million for remote work. Furthermore, the bill includes provisions to prevent discriminatory actions against employees utilizing these benefits, classifying such actions as violations of the earned sick leave law, which would result in penalties.