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Congress·In Committee·H.R. 8655

Jersey Pride Tax Credit Act of 2026

New Jersey Promotion: Tax Credits and Retail Space

22 days ago·View on Congress.gov·Read full text

The Jersey Pride Tax Credit Act of 2026 is currently in the early stages of the legislative process. It has been sent to two House committees for review and is considered active. There are no upcoming votes scheduled at this time.

Legislative Progress

House
Senate
President
Law
Very unlikely to pass

This bill only helps one state, which makes it hard to get support from lawmakers in the other 49 states. It is currently in a committee where most bills never move forward.

Key Points

  • This bill creates a new tax credit for businesses that sell items promoting New Jersey. Business owners could get back 25 percent of the money they make from selling these products. This would apply to any qualifying sales made after the end of 2025.
  • The plan also helps these businesses find places to sell their goods. It tells port authorities to give first choice for store space to shops that sell New Jersey-themed items. This could make it easier for local brands to get into busy travel hubs like airports or shipping centers.
  • The goal is to encourage more people to buy and sell products that show off state pride. This could help local artists, manufacturers, and gift shops that focus on New Jersey. It aims to boost the local economy by making state-themed goods more profitable for retailers to carry.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions
May 4, 2026House

Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

May 4, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Related Bills

No related bills have been identified yet.

Source Information

Document Type

Congressional Bill

Official Title

Jersey Pride Tax Credit Act of 2026

Bill NumberHR 8655
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Read Full Bill Text

Sponsor

Cosponsors

(1)
D: 1

Analysis generated by AI. Always verify with official sources.