Budget & Taxes

in committee · New Jersey · Senate Jun 24, 2026

S 711: Eliminates transaction nexus requirement under Sales and Use Tax and Corporation Business Tax.

This bill eliminates a transaction-based requirement for remote sellers and corporations to pay New Jersey sales/use tax and corporate business tax. Currently, sellers must collect tax if they make 200+ separate transactions in New Jersey or exceed $100,000 in revenue. The bill removes the 200-transaction threshold, meaning only the $100,000 revenue rule remains to determine tax obligations. It directly affects out-of-state online retailers and corporations operating in New Jersey without a physical presence. The change applies only to future transactions, not retroactively.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves transaction threshold, reducing state tax revenue from remote sellers, weakening tax collection and fiscal management.92% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

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passed · New Jersey · Senate Jun 18, 2026

S 4425: Appropriates $64,787,327 from constitutionally dedicated CBT revenues and other farmland preservation funds to State Agriculture Development Committee for farmland preservation purposes.

This bill appropriates approximately $64.8 million from various constitutionally dedicated funds to the State Agriculture Development Committee in New Jersey to support farmland preservation. The money will be used to purchase development easements or full ownership of farmland, provide grants to counties and municipalities for up to 80 percent of acquisition costs, and offer grants to non-profit organizations for up to 50 percent of such costs. Additionally, the legislation allocates $2.7 million specifically for stewardship activities like soil and water conservation and deer fencing on preserved lands. Any farmland bought with these funds must be resold or leased with agricultural restrictions to ensure it remains used for farming purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $64.8M from dedicated funds to fund farmland preservation, directly advancing state budget allocation for essential programs.95% confidence ✓ EnvironmentSupports EnvironmentBill funds farmland preservation to conserve natural resources and prevent development.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · New Jersey · Senate Jun 18, 2026

S 4427: Appropriates $3,479,032 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for grants to certain nonprofit organizations for farmland preservation purposes.

This bill appropriates $3,479,032 from dedicated corporation business tax revenues to the State Agriculture Development Committee to fund farmland preservation projects. The funds are designated for grants to specific nonprofit organizations, primarily the Land Conservancy of New Jersey, to help purchase development easements or farm titles in Warren County. A key provision of the bill is that it increases the maximum grant coverage from 50 percent to 80 percent of the acquisition costs for these preservation efforts. The legislation specifically targets four farms in Blairstown and Harmony townships, with total grant amounts not to exceed the appropriated sum.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates dedicated tax revenues to fund farmland preservation grants, directly advancing state budget allocation for public services.90% confidence ✓ EnvironmentSupports EnvironmentBill funds farmland preservation to protect natural resources and prevent development, directly supporting environmental conservation goals.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · New Jersey · Senate Jun 18, 2026

S 4426: Appropriates $10,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

This bill appropriates $10 million from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for farmland preservation efforts. The funds are designated to provide municipal planning incentive grants to a specific list of 46 townships and boroughs across New Jersey counties. Each eligible municipality may receive a maximum grant of $2 million to support local planning initiatives aimed at preserving farmland. The legislation takes effect immediately and operates under existing state laws governing the "Preserve New Jersey" program.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $10M in dedicated tax revenues to fund farmland preservation grants, directly strengthening state budget allocation for public services.90% confidence ✓ EnvironmentSupports EnvironmentBill funds farmland preservation, which conserves natural resources and protects agricultural land from development.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · New Jersey · Senate Jun 18, 2026

S 1759: Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.

S 1759 increases the portion of rent that counts as property taxes for tax deduction purposes from 18% to 30% for renters whose rental unit is their primary residence. It also raises the maximum property tax credit amount from $50 to $250 for eligible taxpayers, including those aged 65 or older, or who are blind or disabled and not subject to New Jersey income tax. These changes apply to both homeowners and renters who qualify for these tax benefits under New Jersey law. The bill modifies specific definitions and credit thresholds in the state's tax code without altering eligibility criteria.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases rent deduction percentage (18%→30%) and property tax credit ($50→$250) for eligible renters and vulnerable groups, providing direct tax relief under NJ law.95% confidence ✓ HousingSupports HousingIncreases tax deductions for renters (30% rent as property tax) and raises credits ($250 max) for vulnerable groups, directly lowering housing costs for qualifying renters, aligning with affordable housing goals.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New Jersey · Senate Jun 18, 2026

S 3233: Authorizes creation of Delta Sigma Theta Sorority, Inc. license plates.

This bill authorizes New Jersey to issue specialty license plates featuring Delta Sigma Theta Sorority, Inc.'s emblem and slogan. Motorists who apply for these plates must pay a $50 one-time fee and a $10 annual fee, with all additional fees deposited into a dedicated "Delta Sigma Theta Sorority, Inc. License Plate Fund." The fund, managed by the state Treasury, will provide annual grants to support the sorority's existing programs, including youth education, economic development, and community health initiatives. The license plates are subject to standard vehicle registration rules but require consultation with the sorority's Eastern Regional Director for design approval.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new fee revenue ($50 one-time, $10 annual) and directs funds to support youth education/community programs via dedicated fund, aligning with funding essential programs.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed both · New Jersey · Senate Jun 11, 2026

SCR 135: Approves FY2027 Financial Plan of NJ Infrastructure Bank.

This bill formally approves the Fiscal Year 2027 financial plan for the New Jersey Infrastructure Bank. The resolution authorizes the bank to proceed with funding loans and debt guarantees for eligible environmental projects, including clean water, drinking water, and stormwater management initiatives. By passing this measure, the Legislature ratifies the bank's budgetary strategy for the upcoming fiscal year as required by state law. The document does not alter the bank's operations but rather provides the necessary legislative consent for its planned financial activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill approves FY2027 financial plan and authorizes funding for infrastructure projects, advancing state budget goals.90% confidence ✓ EnvironmentSupports EnvironmentBill approves funding for environmental projects including clean water, drinking water, and stormwater management.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New Jersey · Senate Jun 11, 2026

S 587: Creates neutral safe exchange zones at county sheriff offices for certain custody and parenting time exchanges of minor children; makes appropriation.*

This bill creates neutral safe exchange zones at county sheriff offices for parents exchanging minor children under custody or visitation orders. Each zone must have clear signage, 24/7 access, adequate lighting, and continuous video surveillance recording for 45 days. The court may require exchanges at these zones if domestic violence is involved or a restraining order exists. County sheriffs receive state funding to establish these zones, and law enforcement is protected from liability for incidents occurring there.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly allocates state funding (appropriation) for establishing sheriff office exchange zones, directly advancing fiscal management through budget allocation.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New Jersey · Senate Jun 4, 2026

S 1834: Authorizes creation of additional urban enterprise zones.*

S 1834 amends New Jersey's urban enterprise zone (UEZ) program to allow for the creation of additional zones. The bill updates definitions to clarify terms like "UEZ-impacted business districts" (areas negatively affected by adjacent zones) and expands the list of qualifying municipalities eligible to establish zones. This would enable more communities to create UEZs, which provide tax incentives to businesses to stimulate economic development in distressed areas. The changes would directly affect businesses operating within new zones and local governments managing these zones.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes tax incentives for businesses in urban enterprise zones, directly using tax policy to stimulate economic development in distressed areas.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · New Jersey · Senate May 18, 2026

S 4061: Allows value of SREC-IIs to be included in cost-benefit calculations under energy savings improvement programs.

This bill allows school districts in New Jersey to count the value of SREC-IIs (Solar Renewable Energy Credits) as part of the financial calculations when deciding whether energy-saving projects are cost-effective. It directly affects school boards and energy service companies that implement energy conservation programs in public schools. The key change permits these renewable energy credits to be included in cost-benefit analyses, potentially making it easier for districts to justify and fund energy efficiency improvements. The bill does not alter existing requirements for public bidding, prevailing wages, or contractor qualifications under current energy savings improvement programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allows school districts to count SREC-IIs in cost-benefit calculations, potentially increasing funding for energy-saving projects and promoting fiscal responsibility in public education.75% confidence ✓ EducationSupports EducationBill enables school districts to count solar renewable energy credits in cost-benefit calculations, facilitating funding for energy-saving projects in public schools and improving school infrastructure.75% confidence ✓ EnergySupports EnergyBill allows SREC-IIs (Solar Renewable Energy Credits) to be counted in cost-benefit calculations for school energy projects, promoting renewable energy adoption and financial viability of solar initiatives.95% confidence ✓ EnvironmentSupports EnvironmentBill enables inclusion of Solar Renewable Energy Credits in cost-benefit calculations, promoting solar energy adoption and renewable energy use in schools.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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