This bill requires New Jersey's Governor to include a detailed annual report in the budget message about revenues and expenditures from the "societal benefits charge" on utility bills. The report must show, for five prior fiscal years and the current year, how much money was collected, and how it was allocated - specifically for energy efficiency programs, the Universal Services Fund (which supports low-income energy assistance), and plug-in electric vehicle incentives. It mandates itemized breakdowns of funds committed and spent for each program, including amounts retained by electric and gas utilities. The bill applies to all electric and gas public utilities in the state and aims to increase transparency about how these utility bill charges fund public programs.
S 1239 creates a "Manufacturing Reboot Program" within New Jersey's Economic Development Authority (EDA), providing financial assistance to eligible manufacturing businesses affected by the pandemic. It appropriates $10 million from the state General Fund - $5 million prioritizing businesses producing coronavirus vaccines and $5 million for other healthcare products like PPE or medical devices - to fund grants of $25,000-$150,000 per business. Qualified businesses must operate facilities with over 50% manufacturing equipment, pay above-average salaries with health benefits, and demonstrate market expansion or capacity to pivot to healthcare manufacturing. Grant funds can cover equipment, payroll, or employee training, with businesses required to report quarterly on employment and spending, and the EDA to submit annual program reports to the Governor and Legislature.
This bill (S 2952) was withdrawn on January 13, 2026, as it was incorporated into enacted law (P.L.2025, c.314).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.
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.
S 616 provides New Jersey businesses with tax credits for installing electric vehicle (EV) charging stations and converting commercial vehicle fleets to zero-emission models. Businesses that purchase and install EV charging stations (capped at $1,000 per station) or buy qualifying zero-emission vehicles (with credits up to $100,000 based on vehicle weight) can claim a 50% credit against corporation business tax or gross income tax. To qualify, businesses must apply for certification from the Environmental Protection Commissioner, proving purchase dates, costs, and installation details, with decisions made within 90 days. The credits apply for five years starting after the bill’s effective date and require submitting certification with tax returns.
This bill requires developers seeking long-term property tax exemptions (e.g., for urban renewal projects) to submit a cost-benefit analysis showing impacts on local government revenues and services, including effects on schools and municipal budgets. Municipalities must publish these analyses online within 30 days. It also mandates the state Department of Community Affairs to create a public database tracking all approved tax exemption agreements, including their financial details, sorted by municipality. The law directly affects developers, municipalities, and local taxing districts (like school boards) involved in tax exemption decisions. It aims to increase transparency around tax exemption approvals without changing the exemption process itself.
New Jersey's S 1852 provides tax credits to small businesses (fewer than 25 employees and under $1 million annual revenue) and farm employers to offset increased labor costs from the state's minimum wage hike enacted in 2019. The bill allows a credit equal to the difference between the new minimum wage and the previous rate, multiplied by hours worked, for both corporate business tax and gross income tax. Credits are capped at $12,500 per employee and can be carried forward for up to 10 years. This directly affects small business owners and farm employers paying hourly wages who face higher payroll expenses due to the 2019 minimum wage increase.
This bill (S 2513) would limit how much a local government can increase a property's tax assessment after a successful appeal. It caps any post-appeal assessment increase at the district-wide average increase in property values, preventing disproportionate hikes for properties that won tax appeals. Property owners who successfully challenge assessments and local taxing districts (municipalities) would be directly affected. If a district exceeds this limit without justification, it must pay the property owner's legal fees and costs. The limit applies until the next full reassessment of all properties in the district.
This bill excludes reenlistment and voluntary extension bonuses for U.S. Armed Forces members from New Jersey's gross income tax. It amends the state tax code to specifically remove these bonuses from taxable income, applying to all active-duty and reserve service members, including New Jersey National Guard members on State active duty. The policy directly affects military personnel who receive such bonuses as part of their service compensation. This change provides tax relief by reducing the taxable income of these service members for New Jersey tax purposes.
S 2389 increases annual funding for New Jersey's Commission on Cancer Research from $1 million to $4 million by redirecting tobacco tax revenues into a dedicated Cancer Research Fund. This replaces the previous lapsing fund that had been diverted to the General Fund, ensuring the $4 million is permanently available for cancer research. The new non-lapsing fund, managed by the State Treasurer, will exclusively provide grants for research projects approved by the Commission, with interest earned also funding the cause. This change guarantees stable, long-term support for the Commission's work on cancer prevention, treatment, and research in New Jersey.
