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
- NJ LegislatureSep 28, 2026Tax credits for buying and installing electric vehicle charging stations
New Jersey proposes to give tax breaks to businesses and individuals who purchase and install electric vehicle charging stations. These credits would reduce the amount of taxes owed by companies (through corporate tax credits) and by residents (through income tax credits). The goal is to make it cheaper and more attractive for people to set up EV charging infrastructure.
- NJ LegislatureSep 28, 2026Tax credits for buying and installing electric vehicle charging stations
New Jersey is proposing to give businesses and individuals tax credits when they purchase and install electric vehicle charging stations. This would make it cheaper for people to set up the charging infrastructure needed to support electric vehicles. The bill is currently being reviewed by the Senate Environment and Energy Committee.
- NJ LegislatureSep 28, 2026New Jersey Electric Vehicle Charger Safety and Installation Rules
New Jersey updated rules for installing and approving electric vehicle chargers (the equipment that charges EV batteries). The law streamlines the approval process by removing some old requirements while keeping all the safety inspections and public health protections in place. This makes it faster and easier to set up EV chargers around the state.
- NJ LegislatureAug 27, 2026EV Charging Station Standards Based on Power Levels
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.