New Jersey · 2026-2027 Regular Session · Bill

S 3689: Expands eligibility for pension and retirement income exclusion to taxpayers with incomes exceeding $150,000, and increases amount of exclusion that qualifying taxpayers may claim.

In committee Last action February 24, 2026: Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Plain-language summary

S 3689 is a bill introduced in the New Jersey Senate on February 24, 2026. According to its official title, it concerns: Expands eligibility for pension and retirement income exclusion to taxpayers with incomes exceeding $150,000, and increases amount of exclusion that qualifying taxpayers may claim. Primary sponsor: Tony Bucco (Republican). It lists 3 additional sponsors. Most recent recorded action (February 24, 2026): Introduced in the Senate, Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsor: Tony Bucco (Republican). 3 co-sponsors.