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New Jersey · S4712 · 2026 session

Imposes 10 percent tax on computer processing for certain artificial intelligence systems and dedicates revenue to "AI Workforce Impact Transition Fund."

IntroducedIntroduced in the Senate, Referred to Senate Economic Growth Committee · Oct 1, 2026

In plain language

Imposes a 10 percent tax on computer processing used for certain artificial intelligence systems. Dedicates the revenue to an AI Workforce Impact Transition Fund.

Summary generated by AI from the official bill text — may contain errors. Read the official text ↗ (opens in new tab)

Legislative history

1 action · newest first
  1. Oct 1, 2026SenateIntroduced in the Senate, Referred to Senate Economic Growth Committee