Bill Text: NJ A1100 | 2010-2011 | Regular Session | Introduced
Bill Title: Provides gross income tax exclusion for income earned by completing qualified energy efficient and renewable energy job training.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2010-01-12 - Introduced, Referred to Assembly Commerce and Economic Development Committee [A1100 Detail]
Download: New_Jersey-2010-A1100-Introduced.html
STATE OF NEW JERSEY
214th LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION
Sponsored by:
Assemblywoman DENISE M. COYLE
District 16 (Morris and Somerset)
Assemblyman JOHN DIMAIO
District 23 (Warren and Hunterdon)
SYNOPSIS
Provides gross income tax exclusion for income earned by completing qualified energy efficient and renewable energy job training.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel
An Act providing a gross income tax exclusion for income earned by completing qualified energy efficient and renewable energy job training, supplementing chapter 6 of Title 54A of the New Jersey Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. Gross income shall not include amounts received as wages and salary earned by completing qualified energy efficient and renewable energy job training.
b. As used in this section, "qualified energy efficient and renewable energy job training" means occupational skills training, classroom instruction and on-the-job training designed to enhance a taxpayer's ability to work in: (1) the energy efficient building, construction and retrofit industry; (2) the renewable electric power industry; (3) the energy efficient vehicle industry; (4) the biofuel industry; (5) environmentally sustainable deconstruction; and (6) manufacturing involving the production of environmentally sustainable products using environmentally sustainable processes and materials.
c. The director in consultation with the Commissioner of the Department of Labor and Workforce Development and the President of the Board of Public Utilities shall promulgate rules and regulations in accordance with the "Administrative Procedure Act, P.L.1968, c.410 (C.52:14B-1 et seq.)" necessary to implement this section.
2. This act shall take effect immediately and apply to taxable years commencing after the date of enactment.
STATEMENT
This bill provides a gross income tax exclusion for income earned by completing qualified energy efficient and renewable energy job training. The purpose of the bill is to encourage taxpayers to seek out opportunities to equip themselves with the skills necessary to assist their employers in producing energy efficient and renewable energy solutions and products.
The bill defines qualified energy efficient and renewable energy job training as occupational skills training, classroom instruction and on-the-job training designed to enhance a taxpayer's ability to work in: (1) the energy efficient building, construction and retrofit industry; (2) the renewable electric power industry; (3) the energy efficient vehicle industry; (4) the biofuel industry; (5) environmentally sustainable deconstruction; and (6) manufacturing involving the production of environmentally sustainable products using environmentally sustainable processes and materials.