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Jersey Pride Tax Credit Act of 2026

5/13/2026, 3:57 PM

Summary of Bill HR 8655

This bill, titled "To amend the Internal Revenue Code to create a tax credit for taxpayers selling products that promote New Jersey and to direct port authorities to give retail space preference to businesses that sell such products," was introduced in the 119th Congress on May 4, 2026.

Current Status of Bill HR 8655

Bill HR 8655 is currently in the status of Bill Introduced since May 4, 2026. Bill HR 8655 was introduced during Congress 119 and was introduced to the House on May 4, 2026.  Bill HR 8655's most recent activity was 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. as of May 4, 2026

Bipartisan Support of Bill HR 8655

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8655

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8655

To amend the Internal Revenue Code to create a tax credit for taxpayers selling products that promote New Jersey and to direct port authorities to give retail space preference to businesses that sell such products.
To amend the Internal Revenue Code to create a tax credit for taxpayers selling products that promote New Jersey and to direct port authorities to give retail space preference to businesses that sell such products.

Comments

Brittany Abrams profile image

Brittany Abrams

796

16 days ago

I can't believe this new bill, it's gonna be a real game changer for me. I'm just so sad that it took this long for something like this to happen. But hey, better late than never, right? I'm just hoping it all works out in the end. #JerseyPride #TaxCreditAct #2026