New Jersey · 2026-2027 Regular Session · Bill

A 4698: Imposes 10 percent electric public utility windfall surtax on taxpayers with allocated taxable net income in excess of $10 million under CBT.

In committee Last action March 16, 2026: Introduced, Referred to Assembly Telecommunications and Utilities Committee

Plain-language summary

A 4698 is a bill introduced in the New Jersey House on March 16, 2026. According to its official title, it concerns: Imposes 10 percent electric public utility windfall surtax on taxpayers with allocated taxable net income in excess of $10 million under CBT. Primary sponsor: Verlina Reynolds-Jackson (Democratic). Most recent recorded action (March 16, 2026): Introduced, Referred to Assembly Telecommunications and Utilities Committee.

Sponsors

Primary sponsor: Verlina Reynolds-Jackson (Democratic).