A 5308·NJ·house
Increases gross income tax deduction available to veterans from $6,000 to $9,000 and indexes deduction for inflation.
In CommitteeFiled Jun 23, 2026
Sponsor: Alex Sauickie (R)
Latest Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee
Jun 23, 2026
Summary
The bill would increase the New Jersey gross income tax deduction for eligible veterans from $6,000 to $9,000. It also requires the deduction amount to be adjusted each year for inflation. The change is intended to give veterans greater tax relief.
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