Bill > S4212

Introduced Session

This bill increases the amount of the State child tax credit to resident taxpayers with children under age six. Additionally, this bill expands eligibility for the child tax credit to resident taxpayers with children ages six to 11. Under current law, a resident taxpayer with New Jersey taxable income of $80,000 or less is allowed a credit against the State income tax for each child under age six. The amount of the credit is $1,000 per child for taxpayers with incomes of $30,000 or less and is incrementally reduced as certain income thresholds above $30,000 are met. The credit is completely phased out once a taxpayer's income exceeds $80,000. This bill expands eligibility for the child tax credit to resident taxpayers with children between ages six and 11 by specifying that the credit is available to taxpayers with children who have attained the age of six but who have not attained the age of 12. Additionally, the bill provides an enhanced credit to resident taxpayers with children who have not attained the age of six. For taxpayers with children who have not attained the age of six, the amount of the tax credit would be doubled, so taxpayers with incomes of $30,000 or less would receive $2,000 per eligible child. However, under the bill, the maximum amount tax credits a taxpayer may receive is $2,500. This bill takes effect immediately and applies to tax years beginning on and after January 1, 2026.

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Raj Mukherji (D)*,  Britnee Timberlake (D)*,  Angela Mcknight (D), 

Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (on 05/11/2026)

Official Document