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Bill > S2347


NJ S2347

NJ S2347
Provides gross income tax exclusion for military compensation paid to State residents for out-of-State military service.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill allows a gross income tax exclusion for certain military compensation paid to members of the United States Armed Forces who are domiciled in New Jersey but who serve their military duty at a station or deployment outside of the State of New Jersey for a minimum of six months of the taxable year.

AI Summary

This bill amends existing law to provide a gross income tax exclusion for military compensation earned by New Jersey residents who are serving in the United States Armed Forces but are stationed or deployed outside of the state for at least six months of the taxable year, meaning their income from this service will not be subject to New Jersey income tax.

Committee Categories

Military Affairs and Security

Sponsors (4)

Last Action

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 01/13/2026)

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