New Jersey 222nd Legislature Status: Introduced

S 4667 — Excludes from gross income tax certain student loan matching contributions made by employers to certain defined contribution plans.

Last action — REF SBA

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

This bill has been introduced in the Senate. Introduced September 28, 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

Stalled 28% · moderate confidence

  • Introduced

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

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

The bill excludes certain employer student loan matching contributions from gross income tax.

This legislation aims to exempt specific student loan matching contributions made by employers to defined contribution plans from gross income tax. As a result, employees benefiting from these contributions may see a tax reduction.

What this means for you
  • Workers: For workers, this means potential savings on taxes related to employer contributions towards their student loans.

Summary

Student loan matching contributions, cert-exclude from gross income tax

Bill Text

  • Introduced View text Current html September 29, 2026

Action History

  1. REF SBA

  2. REP 2RS

  3. INT 1RS REF SHI

Sponsors

  • Joseph P. Cryan · Primary
  • Jon M. Bramnick · Primary

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 118 not signed on

Sponsors (2)

  • Cryan, Joseph P.
  • Bramnick, Jon M.

Co-sponsors (0)

None.

Not signed on (118)

118 members have not signed on to this bill.

Show all 118 →

"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

Votes

Subjects

taxation education
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 S 4667 do?
Student loan matching contributions, cert-exclude from gross income tax
Who sponsors S 4667?
S 4667 is sponsored by Cryan, Joseph P. and Bramnick, Jon M..
What is the current status of S 4667?
This bill has been introduced in the Senate. Introduced September 28, 2026. It must pass committee before a floor vote.
Where can I track S 4667?
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Last checked for changes 2 days ago · updated continuously

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