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Bill > A2557


NJ A2557

NJ A2557
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 New Jersey law to allow a gross income tax exclusion for military compensation paid to residents of New Jersey who are serving in the United States Armed Forces but are stationed or deployed outside of the state for at least six months during the taxable year. This means that New Jersey residents who are serving their country away from home may not have to pay state income tax on their military pay for that period, providing financial relief to service members and their families.

Committee Categories

Military Affairs and Security

Sponsors (4)

Last Action

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

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