NJEDA Releases Draft Rules for Next NJ Manufacturing Program
TRENTON, N.J. (August 15, 2025) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on draft rules for the Next NJ Manufacturing Program, which will encourage growth in New Jersey’s manufacturing sector by offering long-term benefits to manufacturing companies. Yesterday, Governor Phil Murphy signed A5687/S4407 into law, establishing the $500 million tax credit program.
WHAT: 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.
The document explaining the draft rules can be found here.
WHEN: A listening session, which will provide an overview of the draft rules, will be held on Monday, August 18, 2025, at 1:00 p.m. To register for the webinar, click here.
Feedback must be submitted through the NJEDA’s website by Friday, August 22, 2025, at 5:00 p.m.
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.
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