New Jersey · 2026-2027 Regular Session · Bill

S 3551: Excludes deferred compensation of certain public school and federal tax-exempt organization employees from current taxation under gross income tax.

In committee Last action February 19, 2026: Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Plain-language summary

S 3551 is a bill introduced in the New Jersey Senate on February 19, 2026. According to its official title, it concerns: Excludes deferred compensation of certain public school and federal tax-exempt organization employees from current taxation under gross income tax. Primary sponsor: Tony Bucco (Republican). Most recent recorded action (February 19, 2026): Introduced in the Senate, Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsor: Tony Bucco (Republican).