SENATE STATE GOVERNMENT, WAGERING, TOURISM & HISTORIC PRESERVATION COMMITTEE

STATEMENT TO

SENATE, No. 4219

with committee amendments

STATE OF NEW JERSEY

DATED:  MAY 29, 2025

      The Senate State Government, Wagering, Tourism & Historic Preservation Committee reports favorably and with committee amendments Senate Bill No. 4219.

      As amended by the committee, this bill amends the local payroll tax law to require certain employers, which employ persons within any municipality that imposes a local payroll tax, to provide additional information to assist in the administration of the local tax, as requested by the municipality collecting the tax.  The bill further provides that if an out-of-State municipality, or other out-of-State entity, imposes an employer payroll tax on a New Jersey resident employee, an employer payroll tax imposed pursuant to section 15 of P.L.1970, c.326 (C.40:48C-15) would not apply to that employee.  Finally, the bill provides that a municipality may elect to retain up to three percent of employer payroll tax collected annually to pay for the costs related to administering an employer payroll tax. 

COMMITTEE AMENDMENTS:

      The committee amendments to the bill provide that a qualifying municipality may elect to retain up to three percent of employer payroll tax collected annually to pay for the costs related to administering an employer payroll tax.