The New Jersey Economic Development Authority (NJEDA) has released draft rules for the Next NJ Manufacturing Program and is asking for public feedback. The program, designed to support growth in the state's manufacturing sector, follows the signing of A5687/S4407 by Governor Phil Murphy. This new law establishes a $500 million tax credit initiative aimed at benefiting manufacturing companies over the long term.
According to NJEDA, "The rules will be presented to the NJEDA Board for its review and consideration for approval. If approved, the rules will be published in the New Jersey Register for formal public comment as required by the Administrative Procedure Act before adoption."
A document detailing the draft rules is available online. In addition, a listening session will take place on Monday, August 18, 2025, at 1:00 p.m., offering an overview of these proposed regulations. Registration information for this webinar can also be found online.
NJEDA's website includes a link to Google Translate (https://policies.google.com/?hl=en), which allows users access to translation services. However, neither NJEDA nor the State of New Jersey reviews or endorses content provided by Google Translate and notes that translated information may not always be accurate or current.
