Bill
S 4289
Increases gross income tax deduction available to veterans from $6,000 to $9,000 and indexes deduction for inflation.
2026-2027 Regular Session
Introduced by Raj Mukherji and 2 co-sponsors
In New Jersey, the veteran deduction rises from $6,000 to $9,000 starting 2026, with annual inflation indexing from 2027 using the CPI-U.
Referred to Senate Budget and Appropriations Committee