New Jersey · 2026-2027 Regular Session · Bill

S 1756: Establishes New Jersey First-Time Home Buyer Savings Account Program; provides gross income tax benefits for certain contributions to and earnings on assets maintained in accounts established under program.

In committee Last action February 5, 2026: Referred to Senate Budget and Appropriations Committee

Plain-language summary

S 1756 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Establishes New Jersey First-Time Home Buyer Savings Account Program; provides gross income tax benefits for certain contributions to and earnings on assets maintained in accounts established under program. Primary sponsor: Troy Singleton (Democratic), Vin Gopal (Democratic). It lists 4 additional sponsors. Most recent recorded action (February 5, 2026): Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsors: Troy Singleton (Democratic); Vin Gopal (Democratic). 4 co-sponsors.