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S 2521

New Jersey Senate bill in Session 2026-2027.

Status: introduced. Latest action: January 13, 2026.

Prop tax, State-deduct amount paid on principal resid from income tax obligation.

Bill ID NJ-2026-2027-S-2521
Session 2026-2027
Status introduced
Committee Budget and Appropriations
Senate introduced 2026-01-13
Summary

Permits taxpayers to deduct the total amount of State property taxes paid on principal residence from gross income tax obligation.

Sponsor
Pennacchio, Joseph
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-13 Introduced Bill introduced
2026-01-13 Status introduced
2026-01-13 Latest Action INT 1RS REF SBA
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