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New Jersey veterans now can take a $6,000 income tax exemption off their state taxes, up from $3,000, after Gov. Phil Murphy signed into law a bill sponsored by legislators from Atlantic and Cape May counties. In this file photo, the Cumberland County Veterans Commission and the county board of chosen freeholders held a Military Medals Honors Ceremony for local veterans at the county college on Thursday, April 4, 2019. Photo/Charles J. Olson

New Jersey veterans will now keep a little more of their earnings at state income tax time.

Gov. Phil Murphy on Sunday signed A-5609/S-3960, which increases the gross income tax deduction for veterans from $3,000 to $6,000.

Veterans must be honorably discharged or released to qualify.

Sponsored by Democrat legislators from Atlantic, Cape May and Cumberland counties, it passed unanimously in both the Assembly and Senate.

An estimated 387,000 veterans in New Jersey will keep an additional $23 million a year, according to Assembly Democrats.

Primary sponsors included Assemblymen Vince Mazzeo and John Armato, both D-Atlantic; and Assemblymen Matthew Milam and Bruce Land, both D-Cape May, Atlantic, Cumberland.

State Sen. Bob Andrzejczak, D-Cape May, Atlantic, Cumberland, was a co-sponsor.

Contact: 609-272-7219


Twitter @MichelleBPost

Staff Writer

In my first job after college got paid to read the New York Times and summarize articles for an early online data base. First reporting job was with The Daily Record in Parsippany. I have also worked in nonprofits, and have been with The Press since 1990.

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