New Jersey 222nd Legislature Status: Introduced 2 R cosponsors

A 5308 — Increases gross income tax deduction available to veterans from $6,000 to $9,000 and indexes deduction for inflation.

Last action — INT 1RA REF AMV

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  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 June 23, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

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.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

This bill increases the tax deduction for veterans from $6,000 to $9,000 and adjusts it for inflation.

The bill raises the gross income tax deduction for veterans to $9,000 and ensures the deduction increases with inflation. This is intended to provide more financial relief to veterans.

What this means for you
  • Families: Veterans and their families will benefit from a higher tax deduction, potentially improving their financial situation.

Summary

Gross income tax deduction-increase to veterans, $9K & indexes deduction

Bill Text

Action History

  1. INT 1RA REF AMV

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 118 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (118)

118 members have not signed on to this bill.

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"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 veterans
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 5308 do?
Gross income tax deduction-increase to veterans, $9K & indexes deduction
Who sponsors A 5308?
A 5308 is sponsored by Fantasia, Dawn (Republican) and Sauickie, Alex (Republican).
What is the current status of A 5308?
This bill has been introduced in the General Assembly. Introduced June 23, 2026. It must pass committee before a floor vote.
Where can I track A 5308?
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Last checked for changes 3 months ago · updated continuously

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