New Jersey S 1622: Authorizes veterans property tax exemption for totally disabled veterans who did not serve in theater of war.

Bill Text

S1622 

SENATE, No. 1622 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Senator ANDREW ZWICKER

District 16 (Hunterdon, Mercer, Middlesex and Somerset)

Senator JOSEPH P. CRYAN

District 20 (Union)

Co-Sponsored by:

Senators Cruz-Perez and Beach

SYNOPSIS

���� Provides tax credits for hiring certain military 
spouses.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

��

An Act to incentivize the hiring of certain military spouses 
and supplementing Title 34 of the Revised Statutes

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� As used in P.L.�� , 
c.��� (C.���� ) (pending before the Legislature as this bill):

���� "Commissioner" means 
the Commissioner of Labor and Workforce Development.

���� "Employer" means any 
nongovernmental business entity including, but not limited to, a nonprofit 
organization, a corporation, S corporation, limited liability company, 
partnership, limited partnership, and sole proprietorship, and shall include all 
entities related by common ownership or control.

���� "Nonresident military 
spouse employee" means an employee earning at least the State minimum wage 
on the effective date of P.L.�� , c.��� (C.���� ) (pending before the 
Legislature as this bill) who is a nonresident of this State and is the spouse 
of an active duty member of the Armed Forces of the United States who has been 
transferred to this State in the course of the member's service, is legally 
domiciled in this State, or has moved to this State on a permanent 
change-of-station basis.

���� 2.��� a.�� There is 
established in the Department of Labor and Workforce Development a Military 
Spouse Employment Tax Credit Program, administered by the commissioner, to 
provide tax credits to employers of nonresident military spouse employees.� The 
purpose of the program is to incentivize the employment of individuals, whose 
careers and livelihoods are impacted by the military service of their spouses. 

���� b.��� An employer may apply to 
the commissioner for an award of tax credits under this section.� A tax credit 
awarded pursuant to this section shall be in the form of a tax credit 
certificate issued by the commissioner in the amount provided in subsection c. 
of this section against the corporation business tax imposed pursuant to 
section 5 of P.L.1945, c.162 (C.54:10A-5) or the gross income tax imposed 
pursuant to the "New Jersey Gross Income Tax Act," N.J.S.54A:1-1 et 
seq., whichever of the two taxes is applicable to the employer.

���� c.���� (1) The final amount of 
the tax credit provided to an employer for each nonresident military spouse 
employee employed by the employer during a taxable year or privilege period 
shall be a tax credit equal to:

���� (a)�� for a nonresident 
military spouse employee who works for an employer for at least 120 hours but 
less than 400 hours in a taxable year or privilege period, 15 percent of the 
wages paid by the employer to the nonresident military spouse employee; or

���� (b)�� for a nonresident 
military spouse employee who works for an employer for at least 400 hours in a 
taxable year or privilege period, 25 percent of the wages paid by the employer 
to the nonresident military spouse employee; or

���� (2)�� Notwithstanding the 
provisions of paragraph (1) of this subsection c., the final amount of a tax 
credit provided to an employer for a nonresident military spouse employee shall 
not exceed $2,400 in a taxable year or privilege period.

���� d.��� An employer may qualify 
for a tax credit pursuant to P.L. , c. (C. ) (pending 
before the Legislature as this bill) in a taxable year or privilege period 
beginning on or after January 1, 2020.

���� 3.��� a.�� Notwithstanding any 
provision of the "Administrative Procedure Act," P.L.1968, c.410 
(C.52:14B-1 et seq.) to the contrary, the commissioner, in consultation with 
the State Treasurer and the Department of Military and Veterans� Affairs, may 
adopt, upon filing with the Office of Administrative Law, such regulations that 
the commissioner deems necessary to implement the provisions of P.L.�� , c.��� 
(C.���� ) (pending before the Legislature as this bill), which regulations 
shall be effective for a period not to exceed 180 days from the date of the 
filing. The commissioner shall thereafter amend, adopt, or readopt the 
regulations in accordance with the requirements of P.L.1968, c.410 (C.52:14B-1 
et seq.).� The regulations adopted by the commissioner shall include the 
following:

���� (1)�� standards and procedures 
for determining which employees are nonresident military spouse employees for 
the purpose of determining the eligibility of employers for tax credits;

���� (2)�� any additions to, or 
modifications of, record-keeping requirements needed to calculate the amounts 
of tax credits under P.L.�� , c.��� (C.���� ) (pending before