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New Jersey · 2026-2027 Regular Session · Bill

A 860: Temporarily lowers corporation business tax rate for five years and repeals corporation business surtax.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 860 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Temporarily lowers corporation business tax rate for five years and repeals corporation business surtax. Primary sponsor: Gerry Scharfenberger (Republican), Vicky Flynn (Republican). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Commerce and Economic Development Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 3

NameRolePartyChamberDistrict
Gerry ScharfenbergerPrimary sponsorRepublicanHouse13
Vicky FlynnPrimary sponsorRepublicanHouse13
Bob AuthCo-sponsorRepublicanHouse39

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Introduced, Referred to Assembly Commerce and Economic Development Committee

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source