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PERSONAL PROTECTIVE EQUIPMENT (PPE)
MANUFACTURING TAX CREDIT


The PPE Manufacturing Tax Credit makes $10 million in investment tax credits per year available to businesses that invest in the production of PPE during the 2020, 2021, and 2022 tax years. The program supports investment in PPE manufacturing facilities and equipment to increase the availability of critical public healthcare products and create manufacturing jobs.  Tax credits are awarded on the basis of jobs created ($10,000 per job) with additional credits for meeting certain operating or locational objectives. 

ELIGIBILITY

To receive tax credits through the PPE Manufacturing Tax Credit Program, a project must meet each of the following criteria:

  • Be located in:
    • An approved redevelopment or rehabilitation area,
    • A Smart Growth Area, or
    • A facility engaged in an approved research collaboration or apprenticeship or pre-apprenticeship program, or in large, long-vacant building
  • Manufacture PPE, such as coveralls, face shields, gloves, gowns, masks, respirators, safeguard equipment, and other equipment designed to protect the wearer from the spread of infection or illness,
  • Create a minimum number of new jobs
  • Meet a minimum investment threshold for new construction or the improvement or fit-out of existing facilities

Please be advised: New Jersey State law prohibits most cannabis license and certification holders from receiving or continuing to receive an economic incentive from the NJEDA. If the applicant, or any person who controls the applicant or owns or controls more than one percent of the stock of the applicant, has applied for or received a license or a certification from the New Jersey Cannabis Regulatory Commission (NJ-CRC), the applicant is ineligible for this program and should not proceed with an application. If an application is received from an applicant that meets this criteria, the application will be declined and the application fee will not be refunded. 

The full statutory text of the program can be found in sections 106-107 of the Economic Recovery Act of 2020, available here.

The PPE Manufacturing Tax Credit Program sets the eligibility minimums for job creation/retention and investment slightly lower for facilities located in the following counties: 

  • Atlantic
  • Burlington
  • Cape May
  • Cumberland
  • Gloucester
  • Ocean
  • Salem 

All work performed for or on behalf of an applicant to the PPE Manufacturing Tax Credit Program must adhere to State of New Jersey requirements relating to affirmative action and prevailing wage.