The New Jersey Economic Development Authority is seeking public input Monday, Aug. 18 on draft rules for the Next NJ Manufacturing Program, which makes $500 million in tax credits available to encourage growth in New Jersey’s manufacturing sector.
Gov. Phil Murphy signed the bipartisan legislation into law Aug. 13 and NJEDA CEO Tim Sullivan told those gathered for the bill-signing ceremony the draft rules would be released quickly so that the program is up and running as soon as possible.
NJEDA has scheduled an online listening session, which will provide an overview of the draft rules, on Monday, Aug. 18, 2025, at 1 p.m. To register for the webinar, go here. A slide presentation document explaining the draft rules can be found here.
Written feedback can also be submitted through NJEDA’s website until 5 p.m., Friday, Aug. 22.
NJBIA also invites feedback, which can be incorporated into NJBIA's official comments that will be submitted to NJEDA. Businesses can share their thoughts confidentially to NJBIA Chief Government Affairs Officer Christopher Emigholz at cemigholz@njbia.org.
The next step after public feedback is for the rules to be presented to the NJEDA Board for its review. 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.
NJBIA has been a strong advocate for the Next NJ Manufacturing Program created by legislation sponsored by the co-chairs of the Legislative Manufacturing Caucus, Senator Michael Testa (R-1) and Senator Linda Greenstein (D-14). The program will incentivize investment, create jobs and position New Jersey as a leader in the manufacturing economy.
Funding for the program comes from the NJEDA’s existing Aspire and Emerge tax credit programs. Under the law, $100 million of the $500 million in tax credits is reserved for clean energy product manufacturers, such as nuclear, solar, geothermal, and green hydrogen.
