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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
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 |
|---|---|---|---|---|
| Testa, Michael L., Jr. | Primary sponsor | Not applicable (committee) | — | — |
| Nilsa Cruz-Perez | Primary sponsor | Democratic | Senate | 5 |
| Owen Henry | Co-sponsor | Republican | Senate | 12 |
“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 Economic Growth Committee