A5196·NJ·house
Imposes gross income tax at rate of 100 percent on amounts received by resident taxpayers from Anti-Weaponization Fund.
In CommitteeFiled Jun 4, 2026
Sponsor: Reynolds-Jackson, Verlina
Latest Action
Introduced First Reading Assembly Referred to AOF
Jun 4, 2026
Summary
The proposal adds a gross income tax that takes the full amount of any payments a resident receives from the Anti-Weaponization Fund. It would apply only to those residents who get money from that fund. The measure seeks to treat those receipts as fully taxable income.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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