This bill, titled the "End Data Center Tax Credits Act," aims to restructure how New Jersey distributes tax credits for economic development and energy projects. It establishes a new nine-year spending cap of $11.5 billion for various incentive programs, which limits the total amount of money available annually for initiatives like historic preservation, brownfields redevelopment, and manufacturing. To support energy goals, the legislation authorizes the Board of Public Utilities to issue tax credits specifically for energy storage projects and creates a temporary income tax credit for certain residential utility customers. Additionally, it sets specific annual and total dollar limits for existing programs such as the Next New Jersey Program and the Innovation Evergreen Act, while reserving $2.5 billion for transformative projects under the Aspire Program.
This bill allows large, fast-growing New Jersey municipalities to collect and use additional taxes to fund local transportation services. Specifically, it permits cities with over 200,000 residents that grew by more than 15 percent between 2010 and 2020 to use mass transit parking tax revenue for transit operations and administrative costs. The legislation also changes how parking fines are handled in these areas, directing a larger share of penalty fees to municipal courts and giving cities full control over how to spend the remaining funds. Furthermore, it lets these same cities impose a rental car tax regardless of whether they have a major airport and removes restrictions limiting where within the city the tax can be collected.
This bill amends the School Employees' Health Benefits Program Act to allow the Director of the Division of Pensions and Benefits to initiate temporary transfers of funds under specific circumstances. The legislation directly affects school employers and their employees by modifying how health benefit premiums are paid and managed within the state's dedicated fund. Key provisions include establishing rules for employer payment obligations, creating a subaccount for claims and health services, and defining the data collection responsibilities of a third-party medical claims reviewer. The bill also clarifies that the program's assets must be used solely for providing benefits and covering administrative costs for covered employees and their dependents.
This 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.
This bill allows New Jersey municipalities that have established an arts and culture trust fund to temporarily redirect money collected from local taxes into their general operating funds. Specifically, it permits the use of funds originally set aside for open space, recreation, floodplain protection, farmland preservation, and historic preservation during fiscal year 2027. The measure applies only to unspent money from previous years and requires the municipality to have an existing arts and culture fund to qualify for this temporary flexibility.
This bill requires Hudson County to return up to $28.1 million in unspent funds from previous state budgets intended for the Hudson County Jail to the state treasury by June 30, 2026. In exchange, the state authorizes a new appropriation of up to $28.1 million in general operating aid to the county, ensuring the new funding does not exceed the amount of money returned. The legislation directly affects Hudson County by mandating the repayment of specific past appropriations while simultaneously providing a mechanism for the county to receive fresh funding for general operations.
This bill requires the New Jersey State Department of the Treasury to create a list of unused state-owned land and buildings that are not currently generating revenue or serving a public purpose. State agencies must submit these lists every two years, after which officials will analyze each site to determine if it can be developed into low- or moderate-income housing. The final report detailing these findings will be sent to the Governor and the Legislature and made available online every two years.
This bill establishes a monthly salary of $3,000 for most members of New Jersey's State Board of Medical Examiners, with the exception of the Commissioner of Health and their designee who serve without pay. The funding for these salaries and related board expenses will come from the General Fund through the Division of Consumer Affairs. Additionally, the legislation authorizes a separate payment of $250 for each regular examination held by the board, paid from board receipts or a specific appropriation if available. The act amends existing state statutes to formalize these compensation structures and takes effect immediately upon passage.
New Jersey's S 3013 imposes a $0.40 monthly fee per mobile line on residents using commercial mobile or IP-enabled voice services (excluding Lifeline program participants). Telecom companies collect this fee from customers and remit it quarterly to a new "9-8-8 Suicide and Crisis Hotline Trust Fund Account" in the state Treasury. Funds in the account will finance specific crisis services including 9-8-8 call center operations, mobile crisis response teams, crisis stabilization centers, and public awareness campaigns. The bill mandates annual reporting on fund usage and requires the Legislature to review fee adjustments based on service needs.
