New Jersey Bill Extends Remote Work Flexibility for Incentives

The New Jersey Assembly on Thursday approved a bill that makes it easier for businesses to continue qualifying for state tax incentives with fewer people heading into the office.

Several tax incentive programs created before the pandemic required that full-time employees spend at least 80% of their time at their workplace. But the state reduced the requirements in 2020, when the pandemic forced many people to work from home. By a vote of 67-4 Thursday, the Assembly passed legislation, A5840, preserving those concessions through March 2024.

Workers now only have to spend 60% of their time at the ...