A 5689·NJ·house
Provides gross income tax deduction of up to $10,000 for certain motor fuel expenses.
In Committee
Sponsor: McGuckin, Gregory P. (R)
Latest Action
Introduced First Reading Assembly Referred to ATR
Oct 19, 2026
Summary
The bill would let New Jersey taxpayers deduct up to $10,000 from their gross income for certain motor fuel costs. It applies to individuals or businesses that incur those expenses. The deduction is intended to reduce tax liability for those affected by fuel price changes.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
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