HR8655-119

In Committee

Jersey Pride Tax Credit Act of 2026

119th Congress Introduced May 4, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Jersey Pride Tax Credit Act of 2026, expands a tax credit, compliance mandate, definition change provision: 2, and expands a tax credit, definition change provision: 45BB. Jersey pride tax credit For the purposes of section 38, the Jersey pride tax credit is an amount equal to 25 percent of the aggregate amount for which. It relies on tax credits, definition changes, compliance mandates, and delegation of rulemaking. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a tax credit provision: 1. Short title This Act may be cited as the Jersey Pride Tax Credit Act of 2026.
  • Expands a tax credit, compliance mandate, definition change provision: 2.
  • Expands a tax credit, definition change provision: 45BB. Jersey pride tax credit For the purposes of section 38, the Jersey pride tax credit is an amount equal to 25 percent of the aggregate amount for which...
  • Adds or tightens a compliance mandate, definition change, delegation of rulemaking provision: 3.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Jersey Pride Tax Credit Act of 2026, expands a tax credit, compliance mandate, definition change provision: 2, and expands a tax credit, definition change provision: 45BB. Jersey pride tax credit For the purposes of section 38, the Jersey pride tax credit is an amount equal to 25 percent of the aggregate amount for which.

Key Policy Areas

Finance

Primary Purpose

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Jersey Pride Tax Credit Act of 2026, expands a tax credit, compliance mandate, definition change provision: 2, and expands a tax credit, definition change provision: 45BB. Jersey pride tax credit For the purposes of section 38, the Jersey pride tax credit is an amount equal to 25 percent of the aggregate amount for which.

Policy Domains

Finance

Legislative Progress

In Committee
Introduced Committee Passed
May 4, 2026

Referred to the Committee on Ways and Means, and in …

May 4, 2026

Introduced in House

May 4, 2026

Mr. Gottheimer (for himself and Ms. Pou) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology