New Jersey 222nd Legislature Status: Introduced 3 D cosponsors

S 4405 — Imposes gross income tax at rate of 100 percent on amounts received by resident taxpayers from Anti-Weaponization Fund.

Last action — INT 1RS 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 June 04, 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

The bill imposes a 100% gross income tax on funds from the Anti-Weaponization Fund for residents.

This bill creates a gross income tax at a rate of 100% on any amounts received by resident taxpayers from the Anti-Weaponization Fund. It aims to regulate how these funds are taxed for residents.

Summary

Anti-Weaponization Fund-concerns taxation of amounts received

Bill Text

  • Introduced View text Current html June 04, 2026

Action History

  1. INT 1RS REF SBA

Sponsors

Sponsorship breakdown

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

Sponsors (2)

Co-sponsors (1)

Not signed on (117)

117 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
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Frequently asked questions

What does S 4405 do?
Anti-Weaponization Fund-concerns taxation of amounts received
Who sponsors S 4405?
S 4405 is sponsored by Gopal, Vin (Democrat), Mukherji, Raj (Democrat), and Zwicker, Andrew (Democrat).
What is the current status of S 4405?
This bill has been introduced in the Senate. Introduced June 04, 2026. It must pass committee before a floor vote.
Where can I track S 4405?
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Last checked for changes 3 months ago · updated continuously

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