New Jersey A 4129: Requires health care facilities to report certain coronavirus disease 2019 (COVID-19) data related to health care workers and certain first responders.

Bill Text

A4129 

ASSEMBLY, No. 4129 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

INTRODUCED FEBRUARY 19, 2026

Sponsored by:

Assemblywoman� CAROL A. MURPHY

District 7 (Burlington)

Assemblywoman� ANNETTE QUIJANO

District 20 (Union)

SYNOPSIS

���� Doubles amount of State child tax credit; raises age 
and income eligibility criteria needed to receive credit. 

CURRENT VERSION OF TEXT 

���� As introduced.

�� 

An Act expanding the State child tax credit, and amending 
P.L.2022, c.24.

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

���� 1.��� Section 1 of P.L.2022, 
c.24 (C.54A:4-17.1) is amended to read as follows:

���� 1.��� a.� A resident taxpayer 
with New Jersey taxable income of [$80,000] $150,000 
or less shall be allowed a credit against the tax otherwise due pursuant to the 
�New Jersey Gross Income Tax Act,� N.J.S.54A:1-1 et seq., for each child 
who has not attained the age of [six] 18 
years as of the close of the taxable year and for which the taxpayer is allowed 
a deduction under N.J.S.54A:3-1.

���� The credit shall be in the 
following amounts: 

����������� If the taxable income 
is:������������������������������� The credit is:

����������� $30,000 or under������������������������������������������� [$1,000] $2,000

����������� [over $30,000 
but not over $40,000�������� $800

����������� over $40,000 but not 
over $50,000�������������� $600

����������� over $50,000 but not 
over $60,000�������������� $400

����������� over $60,000 but not 
over $80,000�������������� $200]

����������� over $30,000 but not 
over $50,000�������������� $1,800

����������� over $50,000 but not 
over $70,000�������������� $1,600

����������� over $70,000 but not 
over $90,000�������������� $1,400

����������� over $90,000 but not 
over $110,000������������ $1,200

����������� over $110,000 but 
not over $130,000���������� $1,000

����������� over $130,000 but 
not over $150,000���������� $800

���� The income limit set forth in 
this section shall apply to taxpayers of any filing status.

���� b.��� A taxpayer shall be 
allowed the credit pursuant to this section whether the taxpayer uses a Social 
Security number or an Individual Taxpayer Identification Number on their tax 
forms.

���� c.���� If the amount of the 
credit allowed pursuant to this section exceeds the amount of tax otherwise due 
pursuant to the �New Jersey Gross Income Tax Act,� N.J.S.54A:1-1 et seq., after 
all other credits and deductions, the amount of excess shall be treated as a 
refundable overpayment.

���� d.��� To qualify for the 
credit allowed pursuant to this section, a taxpayer shall file a joint return 
if the taxpayer is married, except for a taxpayer who files as a head of 
household or surviving spouse for federal income tax purposes for the taxable 
year.

���� e.���� In the case of a 
part-year resident, the amount of the credit allowed pursuant to this section 
shall be pro-rated, based upon that proportion which the total number of months 
of the taxpayer�s residency in the taxable year bears to 12 in that period.� 
For this purpose, 15 days or more shall constitute a month.

���� f.���� Any tax credit pursuant 
to this section shall not be taken into account as income for purposes of 
determining the eligibility of an individual for benefits or assistance or the 
amount or extent of benefits or assistance under any State program and, to the 
extent permitted by federal law, under any State program financed in whole or 
in part with federal funds.

���� g.��� The Division of Taxation 
shall issue data as part of the annual tax expenditure report, as required by 
section 1 of P.L.2009, c.189 (C.52:27B-20a) to include the number of taxpayers 
claiming the New Jersey Child Tax Credit, as well as claimants� income, the 
number of children benefitting, and the average credit amount per child and per 
claimant.

(cf: P.L.2023, c.72, s.1) 

���� 2.��� This act shall take 
effect immediately and shall apply to taxable years beginning on or after 
January 1, 2026.

STATEMENT

���� This bill would revise various 
aspects of the State child tax credit.� Under current law, taxpayers with 
incomes of $80,000 or less and children under the age of six are eligible for 
an income tax credit of between $200 and $1,000 per child.� The amount of the 
credit a taxpayer receives each year is based on the extent to which the 
taxpayer exceeds certain income thresholds.� The credit amount gradually 
decreases as a taxpayer�s income increases before being completely phased out 
once the taxpayer�s income exceeds $80,000.� 

���� The bill would raise the age 
limit of an eligible child from under age six to under age 18, raise the income 
limit needed to qualify for the credit from $80,000 to $150,000, and increase 
the amount of the credit.� The bill would also make changes to the income 
thresholds at which a reduction in the credit occurs and change the income 
intervals at which those reductions would occur.�