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Bill > S265


NJ S265

NJ S265
Sets State's mileage reimbursement rate at IRS rate for business use of automobile.


summary

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

Introduced Session

2026-2027 Regular Session

Bill Summary

Under current law, the State's mileage reimbursement rate is $0.18 cents per mile, adjusted biannually to reflect changes in gasoline prices. Annual appropriations acts have adjusted this mileage reimbursement rate. This bill provides that the mileage reimbursement rate payable to a State officer or employee driving a private automobile on State business will be the same as the standard mileage rate established by the federal Internal Revenue Service (IRS) for the deductible cost of operating an automobile for business purposes. The bill repeals the provision of current law that requires adjustment twice each year to reflect changes in the price of gasoline.

AI Summary

This bill will change how state employees are reimbursed for using their personal cars for official business, moving away from a state-set rate that was previously adjusted twice a year based on gas prices. Instead, the reimbursement rate will now be the same as the standard mileage rate established by the federal Internal Revenue Service (IRS), which is used to calculate deductible costs for business use of a car. This means state employees will receive the IRS rate, which is updated annually by the IRS, for each mile they drive on state business, and the previous requirement for the state to adjust its rate twice a year based on gasoline prices will be eliminated.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (on 01/13/2026)

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