This bill excludes basic pay received by New Jersey residents serving in active duty or active duty for training with the U.S. Armed Forces or National Guard from the state's gross income tax. It directly affects military members who receive this pay, expanding an existing exclusion that already covers military allowances like food/housing and combat zone pay. The key change removes basic pay - the primary component of military compensation - from taxable income calculations, aligning New Jersey's treatment with federal exclusions for such pay. The bill applies to taxable income years beginning January 1 after enactment.
Bill A 3808 allows New Jersey taxpayers to deduct up to $1,500 annually from their gross income tax for charitable donations made to qualified New Jersey animal shelters. The bill defines "animal shelter" as licensed facilities caring for abandoned, lost, or endangered domestic pets needing temporary housing until adoption or euthanasia, including municipal animal control facilities. This tax deduction directly affects New Jersey residents who donate to eligible shelters, providing a financial incentive for such contributions. The policy change becomes effective for taxable years starting after the next January following enactment.
Bill A-663 provides a New Jersey gross income tax credit of up to $1,000 per year for taxpayers who pay more than $1,000 in E-ZPass tolls on state toll roads during a taxable year. It directly affects commuters who use electronic toll collection (E-ZPass) and incur significant toll expenses, excluding fines, administrative fees, or tolls reimbursed by employers. The credit is calculated by subtracting the $1,000 threshold from total eligible tolls paid, with any unused credit refunded as an overpayment. The bill applies to taxable years beginning January 1, 2020, and explicitly excludes tolls already deductible for federal tax purposes.
This bill establishes a nonrefundable tax credit for disabled veterans in New Jersey who rent residential property. It allows qualifying disabled veterans to claim a credit of up to $1,000 annually for the portion of their rent that covers property taxes (calculated as 18% of rent paid). Married veterans filing separately each receive half the credit, and veterans sharing housing with non-spouses can only claim credit for their own rent payments. The credit applies in addition to existing rent tax credits for seniors or other disabled renters.
This bill provides New Jersey businesses with tax credits for hiring qualified ex-offenders. Specifically, it allows a 15% credit against corporation business tax and gross income tax for wages paid to eligible individuals, capped at $900 per employee per year. A "qualified ex-offender" is defined as someone convicted of a first-, second-, third-, or fourth-degree crime in New Jersey who was hired within one year of conviction or release from incarceration. The credit cannot exceed 50% of the tax liability and may be carried forward if unused in the current year.
This New Jersey bill creates a state tax credit of up to $2,500 annually for residents who provide care to a qualifying relative (a relative aged 65 or older, or 50 or older with a disability meeting income limits) or to any individual with a disability. The credit covers expenses like medical equipment, home modifications, in-home care services, and transportation for medical care. Caregivers must submit documentation including receipts, proof of payment, and verification of care to claim the credit. Any unused credit amount that reduces tax liability to zero is refunded as an overpayment.
This bill would allow New Jersey taxpayers to voluntarily contribute to the state's General Fund when filing their gross income tax return. Taxpayers could choose to direct part of their tax refund or add a separate contribution, with administrative costs deducted before net funds are deposited into the General Fund. The General Fund is the primary account for most state revenues, funding essential government operations and appropriations. The bill requires the Division of Taxation to implement this option on tax forms for taxable years beginning after its enactment.
This bill (A 896) allows New Jersey taxpayers who move to the state to begin work to deduct certain moving expenses from their gross income. It covers reasonable costs for moving household goods, travel (including lodging), and storage for the taxpayer and their household members (defined as those sharing the former and new residence, excluding employees/tenants). To qualify, taxpayers must work full-time in New Jersey for at least 39 weeks within the first year of moving (or 78 weeks over two years for self-employed individuals), with exceptions for death, disability, or involuntary job loss. The deduction applies to taxable years beginning after the bill’s enactment.
This bill provides a $250 annual state income tax credit to homeowners within 1,000 feet of Barnegat Bay who replace grass lawns with stone, crushed shells, or similar non-maintenance landscaping. It directly affects property owners in that zone, including those who already made the switch before the bill's effective date. The credit aims to reduce chemical runoff (like fertilizers and pesticides) from lawns into the bay by incentivizing low-maintenance alternatives. The policy change is a direct tax incentive, not a regulatory mandate, for eligible homeowners to adopt environmentally friendly landscaping.
This New Jersey bill allows eligible residents to deduct 50% of out-of-pocket expenses for in vitro fertilization (IVF) treatment from their gross income when filing state taxes. It directly affects individuals or couples paying for IVF who are not covered by specific health insurance plans (including state programs like the State Health Benefits Program) and whose expenses aren't already deductible as medical costs. The deduction applies to costs for the taxpayer, spouse, or domestic partner, but excludes amounts reimbursed by insurance or already claimed under existing medical expense deductions. The law takes effect immediately for tax years beginning after its enactment.
