The New Jersey Battlefield to Boardroom Act establishes corporation business tax credits and gross income tax credits for employers who hire qualified veterans. For tax years beginning on or after January 1, 2026, and before January 1, 2030, employers can receive a credit equal to 10% of the qualified wages paid to veterans, capped at $1,200 per veteran per year. To qualify for these credits, employers must ensure that at least 25% of their new employees are qualified veterans and that 50% of veterans hired in the previous year remain employed. Additionally, employers are required to provide accessible veteran support services, conduct recruitment efforts for veterans and their families, and comply with the federal Uniformed Services Employment and Reemployment Rights Act.

The bill includes provisions to prevent misuse of the credits, such as prohibiting the use of the same wages for multiple tax credits and allowing the Director of the Division of Taxation to recapture credits if it is determined that an employer displaced existing employees to hire veterans solely for the credit. The act aims to support veteran employment while ensuring that the benefits are not exploited. The credits are available for a limited time, emphasizing the state's commitment to assisting veterans in their transition to civilian employment.