New Jersey · 2026-2027 Regular Session · Bill

A 2667: Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Science, Innovation and Technology Committee

Plain-language summary

A 2667 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable. Primary sponsor: Chris DePhillips (Republican), Robert Karabinchak (Democratic), Chris Tully (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Science, Innovation and Technology Committee.

Sponsors

Primary sponsors: Chris DePhillips (Republican); Robert Karabinchak (Democratic); Chris Tully (Democratic). 1 co-sponsor.