Repeals surtax imposed on certain businesses.
This bill repeals a surtax on non-public utility businesses with over $1 million in taxable net income. The surtax, which was set at 2.5% for 2018 and 1.5% for 2020-2021, is eliminated for all tax periods beginning January 1, 2019. Affected businesses will no longer owe this additional tax. The repeal takes effect immediately upon enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Commerce and Economic Development Committee
lower
2 primary · 3 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about A 2644
Scope: NJ
Hi! I can help you understand A 2644. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline