New Jersey A 3824: Removes diversity and inclusion instruction requirements for students in grades kindergarten through eight.

Bill Text

A3824 

ASSEMBLY, No. 3824 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblywoman AURA K. DUNN

District 25 (Morris and Passaic)

Assemblyman ALEX SAUICKIE

District 12 (Burlington, Middlesex, Monmouth and Ocean)

Co-Sponsored by:

Assemblywoman Fantasia and Assemblyman McGuckin

SYNOPSIS

���� Expands eligibility for pension and retirement income 
exclusion to taxpayers with incomes exceeding $150,000, and increases amount of 
exclusion that qualifying taxpayers may claim.

CURRENT VERSION OF TEXT 

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

�� 

An Act expanding eligibility for the pension and retirement 
income exclusion under the gross income tax and increasing the amount of the 
exclusion, and amending N.J.S.54A:6-10 and P.L.1977, c.273.

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

���� 1.��� N.J.S.54A:6-10 is 
amended to read as follows:

���� 54A:6-10.� Pensions and 
annuities.

���� a.��� Gross income shall not 
include that part of any amount received as an annuity under an annuity, 
endowment, or life insurance contract which bears the same ratio to such amount 
as the investment in the contract as of the annuity starting date bears to the 
expected return under the contract as of such date. Where (1) part of the 
consideration for an annuity, endowment, or life insurance contract is 
contributed by the employer, and (2) during the three-year period beginning on 
the date on which an amount is first received under the contract as an annuity, 
the aggregate amount receivable by the employee under the terms of the contract 
is equal to or greater than the consideration for the contract contributed by 
the employee, then all amounts received as an annuity under the contract shall 
be excluded from gross income until there has been so excluded an amount equal 
to the consideration for the contract contributed by the employee.

���� b.��� (1)� In addition to that 
part of any amount received as an annuity which is excludable from gross income 
as herein provided, gross income shall not include payments:

���� for taxable years beginning 
before January 1, 2000, of up to $10,000 for a married couple filing jointly, 
$5,000 for a married person filing separately, or $7,500 for an individual 
filing as a single taxpayer or an individual determining tax pursuant to subsection 
a. of N.J.S.54A:2-1;

���� for the taxable year beginning 
on or after January 1, 2000, but before January 1, 2001, of up to $12,500 for a 
married couple filing jointly, $6,250 for a married person filing separately, 
or $9,375 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for the taxable year beginning 
on or after January 1, 2001, but before January 1, 2002, of up to $15,000 for a 
married couple filing jointly, $7,500 for a married person filing separately, 
or $11,250 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for the taxable year beginning 
on or after January 1, 2002, but before January 1, 2003, of up to $17,500 for a 
married couple filing jointly, $8,750 for a married person filing separately, 
or $13,125 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for taxable years beginning on 
or after January 1, 2003, but before January 1, 2017 of up to $20,000 for a 
married couple filing jointly, $10,000 for a married person filing separately, 
or $15,000 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for taxable years beginning on 
or after January 1, 2017, but before January 1, 2018, of up to $40,000 for a 
married couple filing jointly, $20,000 for a married person filing separately, 
or $30,000 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for taxable years beginning on 
or after January 1, 2018, but before January 1, 2019, of up to $60,000 for a 
married couple filing jointly, $30,000 for a married person filing separately, 
or $45,000 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;

���� for taxable years beginning on 
or after January 1, 2019, but before January 1, 2020, of up to $80,000 for a 
married couple filing jointly, $40,000 for a married person filing separately, 
or $60,000 for an individual filing as a single taxpayer or an individual 
determining tax pursuant to subsection a. of N.J.S.54A:2-1;�� 

���� for taxable years beginning on 
or after January 1, 2020, but before the January 1 immediately following the 
date of enactment of P.L.��� , c.��� (C.������� ) (pending before the 
Legislature as t