New Jersey · 2026-2027 Regular Session · Bill

A 1850: Sets flat gross income tax rate at 5.9 percent tax for all taxable income over $37,500 or $75,000, depending on filing status; exempts taxpayers with less income from gross income tax.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Commerce and Economic Development Committee

Plain-language summary

A 1850 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Sets flat gross income tax rate at 5.9 percent tax for all taxable income over $37,500 or $75,000, depending on filing status; exempts taxpayers with less income from gross income tax. Primary sponsor: Greg Myhre (Republican), Brian Rumpf (Republican). It lists 9 additional sponsors. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Commerce and Economic Development Committee.

Sponsors

Primary sponsors: Greg Myhre (Republican); Brian Rumpf (Republican). 9 co-sponsors.