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Proposed

Bill · 119th Congress · HR 8655

Jersey Pride Tax Credit Act of 2026

Refreshed 2 h ago

Introduced 2026-05-04Topic: taxes · economy jobs · transportation

Summary

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This bill would create a federal tax credit for businesses that sell products promoting the State of New Jersey. The credit would equal 25 percent of the total amount the business received from selling those products to unrelated parties during the tax year. The credit would be added to the general business credit and would apply to products sold after December 31, 2025. The bill would also require port authorities, when renting commercial space, to give preference to businesses that sell products promoting New Jersey.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-05-04HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.refer
2026-05-04HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.refer
2026-05-04Introduced in Houseintroduce
2026-05-04Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-20. Provisions and opinion polling arrive in a later release.