Sen. Nick Scutari

Maddy summaryThis bill modifies New Jersey's gross income tax by restricting the alternative business calculation adjustment for taxpayers with higher incomes. It allows business owners to net losses from specific income categories, such as rents or royalties, against gains to determine their taxable business income. Under the new rules, effective for tax years starting in 2026, taxpayers earning $500,000 or less can still deduct 50% of their business profit increase, while those earning between $500,000 and $1 million can only deduct 25%. The bill completely eliminates this tax deduction for individuals with gross income exceeding $1 million.

Maddy summaryThis bill limits the amount of net operating loss deductions that corporations in New Jersey can claim under the corporation business tax to a maximum of $1 million per tax period. It applies to privilege periods ending between July 31, 2026, and July 31, 2030, affecting approximately 600 taxpayers. If a company cannot use its full deduction due to this cap, the unused portion can be carried forward for an additional six tax periods or used to reduce taxable income by up to 75% in later periods ending between 2030 and 2032. The legislation also waives interest and penalties on estimated tax payments made between late 2025 and early 2027 that result from these new limits.

Maddy summaryThis bill modifies New Jersey's gross income tax by introducing income limits for a specific tax adjustment that allows businesses to offset losses in one category against gains in another. Under the new rules, taxpayers with gross income of $500,000 or less will retain the ability to deduct 50 percent of their calculated business increment from their taxable income. For those earning between $500,000 and $1 million, the deduction is reduced to 25 percent, while individuals with gross income exceeding $1 million will no longer be eligible for any deduction. The legislation also clarifies that losses from this calculation can be carried forward for up to 20 taxable years to offset future income.

Maddy summaryThis bill imposes a temporary limit of $1 million on the amount of net operating loss deductions that corporations can claim under New Jersey's corporation business tax. It directly affects businesses with privilege periods ending between July 31, 2026, and July 31, 2030, restricting how much they can use past losses to lower their current taxable income. For periods ending between 2030 and 2032, any disallowed deductions may be used to reduce income by no more than 75 percent, and unused amounts can be carried forward for an additional six years. The legislation also waives interest and penalties on estimated tax payments made during a specific window if those underpayments result from the new deduction limits.

Maddy summaryThis bill creates the School-Based Partnerships for Access and Resilience for Kids program within the Department of Children and Families to support student mental health. It requires school districts, charter schools, and renaissance schools to develop specific mental health support programs that connect students with high behavioral health needs to the new SPARK program navigator. The SPARK program, operated by the New Jersey Pediatric Psychiatry Collaborative, will provide same-day psychiatric consultations, referrals to community providers, and assistance with school re-entry after a mental health crisis. Access to these services is limited to students in kindergarten through grade 12 and requires written consent from a parent or legal guardian. Additionally, the bill mandates that schools have designated staff or formal agreements with external providers to ensure ongoing counseling support for their students.

Maddy summaryThis bill designates November 7 of each year as Shwachman Diamond Syndrome Awareness Day in New Jersey. It aims to increase public understanding of this rare genetic disorder that affects bone marrow, the pancreas, and skeletal development. The resolution requests the Governor to issue an annual proclamation encouraging citizens and officials to observe the day with relevant activities. This symbolic measure does not change laws or allocate funding but serves to highlight the condition and support ongoing research efforts.

Maddy summaryThe Power NJ Act creates a procurement program within the Board of Public Utilities to help New Jersey acquire advanced nuclear energy. This initiative aims to address rising electricity costs and grid reliability issues by supporting the construction of new, safer nuclear reactors that provide consistent, zero-carbon power. The bill also seeks to stimulate economic growth by creating jobs and fostering a local supply chain for nuclear projects. By establishing this program, the state intends to secure a dependable energy source that supports both environmental goals and economic development.

Maddy summaryThis bill prohibits New Jersey businesses from using consumers' personal data - including biometric information, genetic data, or details about protected characteristics like race, age, or gender - to set prices for goods or services. It specifically bans "personalized algorithmic pricing" (using algorithms to adjust prices based on personal data) and "surveillance pricing" (customizing prices based on tracking consumer behavior). The law does not prevent businesses from offering standard discounts, promotions, or loyalty programs. It directly affects all businesses selling merchandise or services to New Jersey residents and enforces penalties of up to $20,000 per violation under the state's Consumer Fraud Act.

Maddy summaryThis bill modifies New Jersey's renewable energy incentive programs to support solar development on specific sites. It allows multiple solar projects to co-locate on the same or adjacent properties (without size limits) for community solar and remote net metering programs, and removes size restrictions for solar projects on landfills, brownfields, contaminated sites, or mining sites. Electric utilities must process interconnection applications for community solar or remote net metering projects on 34.5kV or lower voltage lines. Projects on designated sites must achieve commercial operation within 33 months (automatically extended for utility-caused delays), with the timeline starting from program registration.

Maddy summaryThis bill establishes New Jersey's "John R. Lewis Voter Empowerment Act," which sets new standards to protect voting rights. It requires courts to interpret election laws liberally in favor of voters, particularly protecting racial, color, and language-minority groups (defined as "protected classes"), ensuring their equal access to voting and registration. The Attorney General is designated as the chief enforcer to investigate violations, issue guidance, and litigate cases related to voting rights under this law. Key provisions include prohibiting unnecessary voting barriers and mandating that election policies be narrowly tailored to serve compelling government interests.