New Jersey 222nd Legislature Status: Introduced 2 R cosponsors

S 3874 — Allows distributions from NJBEST account to Roth IRA as qualified withdrawals and excludes such distributions from gross income tax.

Last action — INT 1RS REF SHI

  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 March 12, 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.

Summary

NJBEST-allow distributions from account to Roth IRA as qualified withdrawals

Bill Text

  • Introduced View text Current html March 13, 2026

Action History

  1. INT 1RS REF SHI

Sponsors

Sponsorship breakdown

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

Sponsors (2)

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.

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Subjects

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Frequently asked questions

What does S 3874 do?
NJBEST-allow distributions from account to Roth IRA as qualified withdrawals
Who sponsors S 3874?
S 3874 is sponsored by Corrado, Kristin M. (Republican) and Bucco, Anthony M. (Republican).
What is the current status of S 3874?
This bill has been introduced in the Senate. Introduced March 12, 2026. It must pass committee before a floor vote.
Where can I track S 3874?
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Last checked for changes 3 months ago · updated continuously

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