Restricts authority to terminate reciprocal personal income tax agreements with other states.

This bill (S 2116) restricts New Jersey's ability to end reciprocal income tax agreements with other states. It requires that any termination of such agreements must be done through a new law passed by the legislature and signed by the governor - not by administrative action alone. The change applies to all existing and future agreements, including the long-standing agreement with Pennsylvania. This ensures that reciprocal tax deals, which exempt income earned across state lines from double taxation, cannot be unilaterally ended by the state tax authority.