S 4930

New Jersey Senate Bill
2024-2025 Regular Session

Introduced in Senate Dec 04, 2025
Senate
Assembly
Governor

Sets flat gross income tax rate at 5.9 percent tax for all taxable income over $37,500 or $75,000, depending on filing status; exempts taxpayers with less income from gross income tax.

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Bill Subjects

Income Tax

Abstract

Bill Sponsors (1)

Carmen Amato

Republican
Senator
District 9

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Dec 04, 2025

Senate

Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Bill Text

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