A 3192 New Jersey General Assembly · 2026-2027 Regular Session

Re-establishes 6.37 percent as top marginal gross income tax rate.

This bill restores the 6.37% top marginal income tax rate for New Jersey residents earning over $150,000 annually. It specifically amends tax code section 54A:2-1 to re-establish this rate, which was in effect during 1996-2004. The provision applies to taxable income above $150,000 for individuals filing as single, head of household, or married filing jointly. The bill does not change other tax brackets or thresholds, only reinstating this specific rate for high-income earners.
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
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Jan 13, 2026
Introduced
Introduced, Referred to Assembly Commerce and Economic Development Committee
lower
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Jay Webber
Jay Webber
RRepublican
NJ
26