Tax credits for buying and installing electric vehicle charging stations
Official: A 1039 — Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.
Reading: The bill creates new tax incentives to encourage EV charging station installation, expanding clean transportation infrastructure.
The goal is to make it cheaper and more attractive to expand EV charging infrastructure across the state.
In clear language
This New Jersey bill would offer tax credits to businesses and individuals who buy and install electric vehicle charging stations. The credits would reduce what they owe in state corporate business taxes and income taxes. The goal is to make it cheaper and more attractive to expand EV charging infrastructure across the state.
How does this affect you?
Pick the type of resident or organization you most identify with — we'll generate a plain-language breakdown of what changes for you and what you can do about it.
Who does this affect?
- Businesses that install EV charging stations at their locations
- Individuals who purchase and install charging equipment at home or on their property
- EV owners who benefit from more available charging infrastructure
- Communities looking to expand clean transportation options
What can you do?
- If you own a business, look into whether installing EV chargers qualifies for the tax credit once the bill passes
- Contact your state representative to support or comment on the bill during the legislative process
- If you own an EV, track the bill's progress to understand future charging expansion incentives
Timeline
- 2026-01-13: Bill introduced and referred to Assembly Commerce and Economic Development Committee
No New Jersey official has a verified action on this policy yet.
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.