Tax breaks for businesses that install electric vehicle charging stations
Official: A1039 — Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.
Reading: Creates new tax credits to incentivize purchase and installation of electric vehicle charging infrastructure, expanding clean energy transportation support.
This helps make it cheaper and more affordable for businesses to add EV chargers to their locations.
In clear language
This bill offers tax credits to businesses that buy and install electric vehicle charging stations. Tax credits are reductions in the taxes a business owes the state. This helps make it cheaper and more affordable for businesses to add EV chargers to their locations.
How does this affect you?
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Who does this affect?
- Business owners and companies considering installing EV charging stations
- Drivers of electric vehicles looking for more places to charge
- Communities hoping to expand EV charging infrastructure
- New Jersey's economy through job creation in installation and maintenance
What can you do?
- If you own a business, look into whether you qualify for these tax credits when planning to install charging stations
- Support this bill by contacting your state representatives to encourage its passage
- Encourage local businesses you frequent to install EV chargers using these available tax incentives
Timeline
- 2026-01-13: Bill introduced and sent to Assembly Commerce and Economic Development Committee
2 people have acted on this policy
Verified promises, sponsorships, votes, or other actions where the politician's record references this policy. Each entry links to that person's accountability page.
- Wayne DeAngeloDNew Jersey
- Bill sponsoredIn progressPrime sponsor of A1039: Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.
- Sterley StanleyDNew Jersey
- Bill sponsoredIn progressPrime sponsor of A1039: Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.
Related policies
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This law sets flexible rules for how electric vehicle charging stations and parking spaces must be built in New Jersey, allowing developers to meet requirements based on different charging power levels instead of a one-size-fits-all approach. The standards make it easier for businesses and property owners to install charging equipment by offering different compliance options. This is meant to speed up the growth of EV charging infrastructure across the state.
- NJ LegislatureJul 22, 2026Electric Vehicle Parking Space Rounding Rules
This law sets rules for how electric vehicle parking spaces are calculated in New Jersey buildings. When calculating the required number of EV spaces, fractions are rounded up to the nearest whole number, but the total rounding cannot reduce the overall parking supply by more than 10 percent. This helps ensure buildings install enough EV charging infrastructure while protecting total parking availability.
- NJ LegislatureJun 30, 2026New Rules for Electric Vehicle Charging Station Equipment Safety and Approval
This law sets up new safety standards and approval processes for electric vehicle charging equipment in New Jersey while removing some outdated approval requirements. It aims to streamline how charging stations get built and installed while keeping public health and safety protections in place. The bill passed both houses of the state legislature in June 2026.
- NJ LegislatureJun 30, 2026Speed up electric vehicle charging station approval while keeping safety standards
New Jersey is updating how electric vehicle charging stations are designed, built, and approved by removing outdated approval steps while keeping important safety checks in place. This streamlines the process for getting charging equipment installed across the state. The bill updates public health and safety standards for EV charging infrastructure.