"Garden State Manufacturing Jobs Act."

This bill creates a new "Garden State Corporation" status for New Jersey manufacturing companies. To qualify, businesses must operate primarily in New Jersey, elect half their board members from employees (with equal voting rights), and include specific terms like "Garden State" in their name. Qualifying corporations receive significant tax credits: up to 60% off state corporate tax for the first five years if also certified as a benefit corporation, decreasing to 30% over nine years. The bill directly affects manufacturers choosing this status and aims to incentivize local job retention and worker representation.