New Jersey 222nd Legislature Status: Introduced

A 5592 — Provides corporation business and gross income tax credits to certain businesses for qualified purchases from NJ small businesses.

Last action — INT 1RA REF ACE

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed General Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the General Assembly. Introduced October 05, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

This bill offers tax credits for businesses making qualified purchases from New Jersey small businesses.

The legislation provides tax credits to certain corporations for their purchases from small businesses in New Jersey. This is aimed at supporting local economic growth by incentivizing large businesses to engage with smaller suppliers.

What this means for you
  • Workers: This could lead to more job opportunities as small businesses grow through increased sales.
  • Consumers: {}
  • Small Business: This means you may gain more customers as larger corporations receive incentives to buy from you.

Summary

Businesses, certain-provide certain tax credits for qualified purchases

Bill Text

We don't have the full text on file for this bill yet.

Read A 5592 on the official New Jersey source →

Action History

  1. INT 1RA REF ACE

Sponsors

  • Gerry Scharfenberger · Primary
  • Robert D. Clifton · Cosponsor
  • Victoria A. Flynn · Cosponsor

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 117 not signed on

Sponsors (1)

  • Scharfenberger, Gerry

Co-sponsors (2)

  • Clifton, Robert D.
  • Flynn, Victoria A.

Not signed on (117)

117 members have not signed on to this bill.

Show all 117 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does A 5592 do?
Businesses, certain-provide certain tax credits for qualified purchases
Who sponsors A 5592?
A 5592 is sponsored by Scharfenberger, Gerry, Clifton, Robert D., and Flynn, Victoria A..
What is the current status of A 5592?
This bill has been introduced in the General Assembly. Introduced October 05, 2026. It must pass committee before a floor vote.
Where can I track A 5592?
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