New Jersey · 2026-2027 Regular Session · Bill

S 2719: Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five-year average income under CBT.

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Economic Growth Committee

Plain-language summary

S 2719 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five-year average income under CBT. Primary sponsor: Britnee Timberlake (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Economic Growth Committee.

Sponsors

Primary sponsor: Britnee Timberlake (Democratic). 1 co-sponsor.