Bill
S 1762
Establishes surplus revenue reserve account in the Property Tax Relief Fund if certain levels of unanticipated gross income tax revenue are collected.
2026-2027 Regular Session
Introduced by Vin Gopal and 2 co-sponsors
New Jersey bill directs unanticipated income tax surpluses above specified thresholds into a property tax relief reserve fund, creating automatic fiscal allocation for tax relief.
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee