New Jersey 2026-2027 Regular Session

New Jersey Assembly Bill ACR132

Introduced
3/10/26  

Caption

Urges Congress to pass legislation that exempts military retirement pay from federal income taxation.

Summary

ACR132 is a New Jersey concurrent resolution that urges the United States Congress to enact legislation exempting military retirement pay from federal income taxation. The resolution explains that military retirement pay is currently taxable under federal law when it is based on length of service or age, and it distinguishes that benefit from a veteran’s pension, which is generally nontaxable. It frames the proposal as a matter of fairness and recognition for the sacrifices made by members of the Armed Forces and Reserves. The resolution emphasizes the long-term commitments and hardships associated with military service, including separation from family, foregone civilian earnings, and exposure to danger. It also notes that military retirees may face challenges such as reintegration into civilian life, housing costs, job re-entry, and post-traumatic stress. The measure does not change New Jersey tax law directly; instead, it is a formal legislative request to Congress and directs that copies be sent to New Jersey’s congressional delegation.

Impact

ACR132 has no direct effect on New Jersey statutes, tax administration, or state revenues because it is a concurrent resolution urging federal action rather than enacting state law. Its practical impact is political and advocacy-oriented: it places the New Jersey Legislature on record in support of exempting military retirement pay from federal income tax and communicates that position to Congress. If Congress were to act on the request, the change would affect federal taxable income rules for military retirees nationwide.

Sentiment

The overall sentiment reflected in the bill text is strongly supportive of military retirees and favorable to tax relief for their retirement pay. The resolution uses honorific and sympathetic language, stressing sacrifice, service, and the difficulties veterans may face after leaving active duty. No committee transcripts or recorded votes are provided, so there is no evidence of opposition or divided sentiment in the available materials.

Contention

The main policy issue underlying the resolution is whether military retirement pay should remain subject to federal income taxation or be treated more like a nontaxable earned benefit. The resolution itself argues for exemption, citing fairness and the burdens of military service, while acknowledging that states vary in how they tax retirement income. Because there are no committee hearings or votes in the record provided, no specific legislator, committee, or stakeholder opposition is identified in the available context.

Companion Bills

NJ SCR49

Same As Urges Congress to pass legislation that exempts military retirement pay from federal income taxation.

NJ ACR108

Carry Over Urges Congress to pass legislation that exempts military retirement pay from federal income taxation.

NJ SCR91

Carry Over Urges Congress to pass legislation that exempts military retirement pay from federal income taxation.

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