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NJ S1615
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Carmen Amato
Click for details
AI Summary
- Excludes all New Jersey Lottery winnings from state gross income tax, removing the current threshold that taxes prizes exceeding $10,000
- Eliminates the requirement for the New Jersey State Lottery to withhold gross income tax from winnings over $10,000
- Amends N.J.S.54A:6-11 and N.J.S.54A:7-1 to implement the tax exclusion and remove withholding authority
- Takes effect immediately and applies to taxable years beginning on or after January 1 following enactment
- Sponsored by Senators Carmen F. Amato, Jr. (District 9) and Latham Tiver (District 8), pre-filed for the 2026 session
Legislative Description
Excludes all New Jersey Lottery winnings from gross income tax and eliminates related withholding requirements.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
1/13/2026
Committee Referrals
Economic Growth1/13/2026
Full Bill Text
No bill text available