New Jersey · 2026-2027 Regular Session · Bill

S 2025: Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Plain-language summary

S 2025 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants. Primary sponsor: Vince Polistina (Republican). Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsor: Vince Polistina (Republican).