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S 4390·NJ·senate

"End Data Center Tax Credits Act"; reduces tax credits available for Next New Jersey Program.*

Signed into LawFiled Jun 1, 2026
Sponsor: Joe Cryan (D)
Latest Action

Approved P.L.2026, c.77.

Aug 27, 2026

Summary

S 4390 reduces the amount of tax credits that data center projects can receive through the state’s Next New Jersey incentive program. The change directly impacts companies seeking those credits and the state’s tax revenue calculations. It aims to scale back the financial incentives offered for new data center development.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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