This bill establishes a program aimed at incentivizing the hiring and continued employment of individuals with developmental disabilities in New Jersey. The program, administered by the Director of the Division of Developmental Disabilities in the Department of Human Services, will allocate up to $2,000,000 in tax credits annually for certified employers who meet specific criteria. To qualify, employers must provide employer-sponsored insurance to eligible individuals and apply annually to claim tax credits based on the number of hours worked by these individuals. The bill defines "developmental disability" and outlines the eligibility requirements for both employers and individuals.

Under the program, certified employers can receive a tax credit of $1 for each hour worked by eligible individuals, with a cap of $2,000 per individual and a minimum requirement of 500 hours worked in the state. Employers have the option to claim credits based on hours worked in the calendar year or the following year, but the total credits issued will be adjusted on a pro rata basis if claims exceed the allocated amount. The bill also includes provisions to ensure confidentiality of tax information shared between the Division of Taxation and the Division of Developmental Disabilities, and it sets forth regulations for the administration of the program.