New Jersey · 2026-2027 Regular Session · Bill

S 1042: Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations.

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

Plain-language summary

S 1042 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations. Primary sponsor: Jon Bramnick (Republican), Troy Singleton (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee.

Sponsors

Primary sponsors: Jon Bramnick (Republican); Troy Singleton (Democratic). 1 co-sponsor.