New Jersey · 2026-2027 Regular Session · Bill
S 1042: Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 1042 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 distributions from individual retirement accounts to qualified charitable organizations. Primary sponsor: Jon Bramnick (Republican), Troy Singleton (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation 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): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jon Bramnick | Primary sponsor | Republican | Senate | 21 |
| Troy Singleton | Primary sponsor | Democratic | Senate | 7 |
| Diegnan, Patrick J., Jr. | Co-sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee