S 1940 New Jersey Senate · 2026-2027 Regular Session

Provides gross income tax deduction for certain moving expenses for taxpayer moving to New Jersey to commence work in State.

This bill allows New Jersey taxpayers who move to the state for a new job to deduct certain moving expenses from their gross income. It covers reasonable costs like moving household goods, travel expenses (including lodging but not meals), and storage related to the move. To qualify, taxpayers must work full-time for at least 39 weeks within 12 months (or 78 weeks within 24 months) in New Jersey after moving, with exceptions for death, disability, or involuntary job loss. The deduction applies only to those relocating specifically to start work in New Jersey, not to general relocations.
Sub-Topics: Income Tax
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Holly Schepisi
Holly Schepisi
RRepublican
NJ
39