New Jersey · 2026-2027 Regular Session · Bill

S 2734: Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State.

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

Plain-language summary

S 2734 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 capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State. Primary sponsor: Gordon Johnson (Democratic). Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsor: Gordon Johnson (Democratic).