New Jersey · 2026-2027 Regular Session · Bill

S 892: Provides CBT and gross income tax credits for replacement of abandoned commercial building with new commercial building.

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

Plain-language summary

S 892 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Provides CBT and gross income tax credits for replacement of abandoned commercial building with new commercial building. Primary sponsor: Testa, Michael L., Jr., Nilsa Cruz-Perez (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 sponsors: Testa, Michael L., Jr.; Nilsa Cruz-Perez (Democratic). 1 co-sponsor.