Loading chat...
NJ S2058
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Vincent Polistina
Click for details
AI Summary
- Excludes tips received for services rendered from New Jersey gross income tax by reclassifying them as "property acquired by gift"
- Removes "tips" from the statutory definition of taxable income categories (salaries, wages, fees, commissions, bonuses, and other remuneration)
- Applies to all tips whether received in cash or property form
- Takes effect for taxable years beginning on or after January 1 following enactment
- Sponsored by Senator Vincent J. Polistina (District 2, Atlantic) and co-sponsored by Senators Tiver and Amato
Legislative Description
Excludes tips from gross income tax.
Labor
Last Action
Introduced in the Senate, Referred to Senate Labor Committee
1/13/2026
Committee Referrals
Labor1/13/2026
Full Bill Text
No bill text available