Urges Congress to pass legislation that exempts military retirement pay from federal income taxation.

This New Jersey concurrent resolution urges the U.S. Congress to pass legislation exempting military retirement pay from federal income taxation. It directly affects retired members of the Armed Forces and Reserves who currently pay federal taxes on their retirement benefits based on length of service. The resolution highlights the sacrifices made by military personnel and notes that while some states already offer tax exemptions, federal law currently taxes this income. This document is a non-binding recommendation from New Jersey lawmakers rather than a law itself, as it only expresses support for federal action.