Budget & Taxes

in committee · New Jersey · General Assembly Jan 13, 2026

A 3295: Provides CBT and gross income tax credit for certain capital investments in film production facility.

This bill proposes a 30% tax credit against New Jersey's corporation business tax and gross income tax for businesses making qualifying capital investments in film production facilities. It directly affects film production companies that invest at least $30 million in facilities meeting specific size requirements (50,000+ square feet with one sound stage) during the 2020-2028 period. Key provisions include allowing tax credits to be transferred to other businesses for private financial assistance (at minimum 75% of value), capping annual credits at $100 million total, and requiring facility approval by the New Jersey Economic Development Authority. The credit applies only to new investments meeting the size and cost thresholds, not to existing facilities or other tax benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 30% tax credit against corporate/business tax for film investments, directly advancing tax relief for qualifying businesses per bill's tax credit structure.90% confidence

Sub-Topics Business Taxes Income Tax Tax Credits

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in committee · New Jersey · General Assembly Jan 13, 2026

A 3411: Provides for regional economic and land use impact report and establishes review processes related to development of certain large warehouses; and requires related real property reassessments.

This bill requires New Jersey municipalities to conduct a regional impact study before approving large warehouse developments. It mandates that municipalities assess effects on traffic, environment, and community resources in the host municipality and neighboring areas. After approval, municipalities must reassess all property values to ensure fair tax revenue distribution across the community. The law directly affects developers seeking permits for large warehouses and local governments managing land use planning.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires property reassessment post-approval to ensure fair tax revenue distribution, directly promoting fiscal responsibility in budget management.90% confidence

Sub-Topics Revenue

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in committee · New Jersey · General Assembly Jan 13, 2026

A 3193: Eliminates $375 minimum Corporation Business Tax on New Jersey S corporations with New Jersey gross receipts of less than $100,000.

This bill eliminates a $375 minimum tax for New Jersey S corporations with New Jersey gross receipts under $100,000 annually. It directly affects small New Jersey S corporations (pass-through business entities) that generate less than $100,000 in total revenue within the state. The key change removes the minimum tax obligation, meaning these businesses will pay no tax if their calculated tax liability is below $375, while other tax rules remain unchanged. This applies to S corporations with qualifying low gross receipts, not to other business types.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates $375 minimum tax for small S corps under $100k revenue, providing direct tax relief to small businesses. Aligns with support indicators of reducing tax burden on lower-income entities.95% confidence

Sub-Topics Business Taxes

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in committee · New Jersey · General Assembly Feb 19, 2026

A 4401: Permits municipalities to enter into shared service agreement for tax assessment.

This bill allows New Jersey municipalities to share a tax assessor through formal agreements under the "Uniform Shared Services and Consolidation Act" (P.L.2007, c.63). It permits two or more municipalities to jointly hire a tax assessor for property valuation, or for counties to assume tax assessment duties for all municipalities within the county. The law requires agreements to follow specific procedures and includes protections for tenured assessors who may be reassigned under shared service arrangements. This directly affects local governments seeking cost savings and operational flexibility in tax administration.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables cost-saving shared tax assessment services between municipalities, promoting fiscal efficiency in tax administration per the Uniform Shared Services Act.85% confidence

Sub-Topics Government Spending Property Tax

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in committee · New Jersey · General Assembly Jan 13, 2026

A 3501: Requires DHS and DCF to employ Director of Medical Services; appropriates $480,000.

This bill creates two new full-time positions: a Director of Medical Services for the Office of Program Integrity and Accountability in the Department of Human Services (DHS) and a similar role for the Institutional Abuse Investigation Unit in the Department of Children and Families (DCF). These directors must be licensed physicians who will advise on complex medical aspects of abuse, neglect, and death investigations, provide expert testimony, and review medical practices at care facilities to improve outcomes. The bill appropriates $480,000 total ($240,000 per department) from the General Fund to hire these positions. It directly affects DHS and DCF operations and their oversight of investigations into abuse and neglect cases involving medical complexities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $480,000 for new medical oversight positions in DHS/DCF, directly funding essential state services per bill summary.95% confidence ✓ HealthcareSupports HealthcareAllocates $480k for physician directors to oversee medical aspects of abuse investigations and facility reviews, strengthening healthcare oversight in state agencies.90% confidence

Sub-Topics State Budget

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in committee · New Jersey · General Assembly Jan 13, 2026

A 2213: Increases pay for direct support professionals; makes appropriation.

This bill creates a state program to increase pay for direct support professionals (DSPs) who provide essential care to people with intellectual and developmental disabilities. It directs the Department of Human Services to distribute state funds to employers (such as group homes or care agencies) to raise DSP wages for both current and new staff, addressing staffing shortages. Employers must use the funds solely to boost DSP pay, with the state establishing application rules and oversight. The bill appropriates necessary funds from the General Fund and takes effect immediately upon enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state funds via appropriation to increase DSP wages for essential care services, directly funding public services as per budget/tax indicators.95% confidence

Sub-Topics Appropriations State Budget

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in committee · New Jersey · General Assembly Jan 13, 2026

A 2680: Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.

This New Jersey bill replaces a tax deduction for residential tenants with a refundable tax credit. It allows tenants renting their primary residence to claim a credit equal to 30% of their rent (capped at $15,000 annually) for the portion of rent treated as property taxes. The credit is refundable, meaning any amount exceeding the tenant's tax bill is paid directly to them. It directly affects renters in qualifying housing, such as apartments and mobile home rentals, who use the property as their main home.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit for renters, offering direct tax relief to middle/lower income tenants via 30% rent credit capped at $15k annually.95% confidence ✓ HousingSupports HousingProvides refundable tax credit (30% rent, capped at $15k) for residential tenants, directly reducing housing costs and increasing affordability for renters.95% confidence

Sub-Topics Income Tax Tax Credits Landlords Renters Tenant Rights

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in committee · New Jersey · Senate Feb 19, 2026

S 3553: Authorizes State Auditor to conduct cost-benefit analyses of certain programs and initiatives.

This bill requires New Jersey's State Auditor to conduct cost-benefit analyses of state programs and initiatives that cost $1 million or more annually or provide $1 million+ in tax credits. It directly affects state agencies and independent authorities managing such programs. The Auditor must analyze both costs and benefits (including alternatives), define key assumptions, and publicly report findings to the Governor and Legislature. The analysis must cover all qualifying programs at least once every five years, with confidential working papers protected but final reports made publicly available online.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates cost-benefit analyses for high-cost programs to ensure fiscal responsibility and transparency, promoting efficient state spending and accountability in budget management.95% confidence

Sub-Topics Audits & Accountability

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passed · New Jersey · General Assembly Jun 30, 2026

A 4077: Imposes various taxes and fees on correctional service businesses to offset social costs of incarceration.*

This bill imposes three new fees on private prison operators in New Jersey to fund social support programs. It charges an 8% fee on the value of public contracts (section 2), a $15 daily fee per inmate (section 3), and a 3% surtax on taxable income (section 4). All revenue flows into two dedicated funds: one for legal services supporting detained individuals and another for community programs like job training and housing (sections 2e and 3e). The bill directly affects private prison companies operating under state contracts, with fees applying during active contracts or inmate stays.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes taxes on private prisons to fund legal services and community programs, directly increasing public spending on social support through dedicated revenue streams.90% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds legal services and community programs (job training, housing) to reduce recidivism and support reintegration - directly advancing criminal justice reform through rehabilitation-focused investment.95% confidence ✓ HousingSupports HousingBill directs 3% surtax revenue to community housing programs via dedicated fund (section 3e), explicitly funding housing as part of allocated programs.95% confidence

Sub-Topics Corrections

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in committee · New Jersey · General Assembly Jan 13, 2026

A 3922: Directs DEP to establish rebate program for purchase of microfiber washing machine filter or replacement filter; appropriates $2.5 million.

This bill requires New Jersey's Department of Environmental Protection (DEP) to create a rebate program within one year for residents purchasing microfiber washing machine filters. The program offers up to $100 per filter (capped at the filter's cost) to encourage adoption of devices that capture plastic microfibers from laundry wastewater before they enter waterways. It appropriates $2.5 million from the General Fund to fund these rebates, with the DEP required to report annually on program effectiveness, rebate numbers, and funding use. The policy directly affects New Jersey residents who buy eligible filters, aiming to reduce microfiber pollution - a source of plastic contamination in waterways.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2.5M from General Fund to fund environmental rebate program, directly advancing state budget allocation for public initiative.95% confidence ✓ EnvironmentSupports EnvironmentFunds rebates for microfiber filters to capture plastic pollution in waterways, directly reducing environmental contamination from laundry waste.95% confidence

Sub-Topics Procurement State Budget Recycling

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