Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The bill adds a new Jersey Pride Tax Credit to the Internal Revenue Code, letting businesses claim a credit equal to 25% of sales of products that promote New Jersey. It also directs port authorities to give leasing preference to those businesses. The goal is to encourage state‑promoting merchandise and support local commerce.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HR 8655 changes status, plus AI-powered summaries and stage predictions.
Sign up free