This bill (S 1724) prohibits New Jersey from implementing any fee based on how many miles drivers travel in the state. It specifically bans the state from charging vehicle owners or operators a fee calculated by mileage, and also prevents state funds from being used for any related studies, pilot programs, or initiatives. The law applies to all motor vehicles and takes immediate effect. It does not affect existing vehicle taxes or fees like gas taxes.
New Jersey's S 2463 bill withdraws the state from the Regional Greenhouse Gas Initiative (RGGI), a multi-state program targeting carbon emissions, and repeals the "Global Warming Response Act" along with related climate laws. It directs the Environmental Protection Commissioner to notify RGGI officials of New Jersey's withdrawal 30 days after the bill takes effect. All unencumbered funds previously held in the "Global Warming Solutions Fund" are transferred to the General Fund for ratepayer relief. This bill directly affects New Jersey's climate policy framework by ending its participation in RGGI and redirecting climate-related funding.
This bill excludes capital gains from the sale of company shares (employer securities) by small New Jersey businesses (fewer than 500 employees, not publicly traded, with headquarters in New Jersey) to employee stock ownership plans (ESOPs), New Jersey S corporations owned by ESOPs, or worker-owned cooperatives. It applies when the buyer ends up owning at least 30% of the business after the sale, directly benefiting employees who gain ownership stakes. The exclusion applies to the capital gains portion of these sales, reducing taxable income for affected employees. The law takes effect immediately for tax years starting after its enactment.
This bill exempts all retail sales of mobility-enhancing equipment from New Jersey's sales and use tax, removing the current requirement that such items must be sold "by prescription." It directly affects individuals purchasing devices like wheelchairs, walkers, bath aids, scooters, and transfer chairs, as well as retailers selling these products. The exemption covers any equipment primarily designed to improve movement (e.g., adjustable toilet seats, lift chairs, wheelchair ramps) that is not typically used by people without mobility challenges. This change broadens the existing tax exemption, which previously required a doctor's prescription for coverage.
SCR 35 proposes a constitutional amendment requiring all bills or joint resolutions levying a new state tax or increasing an existing tax to pass both the New Jersey Senate and General Assembly by a three-fifths majority vote, instead of the current simple majority. This change would directly affect tax-related legislation, making it harder to pass tax measures by raising the required voting threshold in both chambers. The amendment would amend Article IV, Sections IV paragraph 6 (voting requirements) and VI paragraph 1 (revenue bill rules) of the state constitution. If approved by voters, this rule would apply to tax bills introduced after January 9, 2007.
This bill (S 467) modifies New Jersey law to regulate how local governments can purchase unused sick leave from public employees. It sets a $15,000 cap on supplemental retirement payments for unused sick leave, limits annual purchases to 120 hours per employee (at 60% of the leave's value based on pensionable compensation), and requires employees to retain at least 800 hours of unused sick leave. The bill applies to political subdivisions (like cities and counties) and covers most public employees, excluding certain licensed professionals (e.g., health officers, tax assessors, municipal clerks). It also clarifies that sick leave purchases are discretionary and not subject to collective bargaining.
This bill (S 865) allows New Jersey breweries to claim tax credits against their alcoholic beverage tax liability for qualified capital expenses, such as purchasing equipment or machinery used in brewing. It directly affects licensed breweries that incur eligible expenses during a tax year, with credits limited to $200,000 per brewery annually and a total $5 million cap across all breweries each year. Breweries must apply for director approval using a detailed form documenting expenses, employment, production, and business relationships, with unused credits carryable for up to three years. The director must process applications within 90 days or deem them approved if delayed.
This bill eliminates the minimum tax requirement for New Jersey S corporations. It removes the "alternative minimum assessment" that previously applied to these entities, meaning they will no longer be subject to a baseline tax payment regardless of their income level. The change specifically targets S corporations (pass-through entities where profits are taxed at the shareholder level), which are currently subject to this minimum tax under Section 5 of New Jersey's corporation business tax code. The bill amends the tax code to explicitly state that no minimum tax will apply to S corporations, investment companies, or certain professional or cooperative entities. This is a direct policy change affecting small to mid-sized New Jersey S corporations by reducing their tax burden.
This bill (S 854) allows parents or guardians of public school students to receive a voucher from their school district if they withdraw their child due to objections about curriculum materials or activities they consider harmful. The voucher covers 75% of the district's annual per-pupil spending (prorated for remaining school days) to help pay for nonpublic school tuition and fees. It specifically includes objections related to materials addressing sex, sexuality, sexual orientation, gender identity, religion, or ethics. The bill requires school districts to provide this funding if parents withdraw their child for these reasons, and it takes effect immediately upon enactment.
This bill prohibits properties that received benefits under the "Grow New Jersey Assistance Act" (2011) or the "New Jersey Economic Stimulus Act of 2009" from qualifying for property tax exemptions or abatements under two specific laws: the "Long Term Tax Exemption Law" and the "Five-Year Exemption and Abatement Law." It directly affects property owners who used state economic incentive programs to develop or improve their properties, preventing them from receiving additional tax breaks. The bill states that these properties have already benefited from public funding, so municipalities should not provide further tax advantages through the targeted exemption laws. The law takes effect immediately upon passage.
