NJ S3616

Imposes a 50 percent tax on gross receipts earned by private carceral facilities operating in New Jersey under contracts with federal, state, county, or municipal entities, effective January 1, 2027

Defines "private carceral facility" as a privately owned facility located in New Jersey that houses or detains individuals for violations of state or federal law under a government contract

Establishes the "Immigrant Protection Fund" as a nonlapsing, revolving fund administered by the Department of the Treasury

All tax revenues collected must be deposited into the Immigrant Protection Fund and appropriated exclusively to support immigration-related services in the state

Requires taxpayers to file annual returns disclosing the total contract value and a copy of the contract, with penalties and interest for non-compliance under the State Uniform Tax Procedure Law