Concerns administration of employer payroll tax and permits disclosures of certain State taxpayer information.

This bill (S 2952) was withdrawn on January 13, 2026, as it was incorporated into enacted law (P.L.2025, c.314). It allows New Jersey municipalities to impose an employer payroll tax of up to 1% (with a 3% administrative fee option) on businesses operating within their borders. If a municipality has a median household income of $55,000 or more, all collected tax revenues must fund local schools through a special fund, with strict confidentiality rules protecting employer reporting data. The bill also clarifies tax obligations for out-of-state employees and prohibits duplicate tax payments across multiple municipalities.