H.R. 8655

H.R. 8655: To amend the Internal Revenue Code to create a tax credit for taxpayers selling products that promote New Jersey and to direct port authorities to give retail space preference to businesses that sell such products.

Introduced Josh Gottheimer (D) HOUSE_BILL — 119th Congress
Plain English Summary

H.R. 8655 proposes to amend the Internal Revenue Code by creating a tax credit for taxpayers who sell products promoting New Jersey. Additionally, it directs port authorities to give priority in retail space allocation to businesses that sell these New Jersey-themed products.

Positive Media Summary

Supporters of H.R. 8655 argue that the bill will boost local businesses and tourism by incentivizing the sale of New Jersey-themed products. They believe it will enhance the state's economy and promote local culture, receiving praise for fostering community pride.

Negative Media Summary

Critics of H.R. 8655 express concerns that the bill may unfairly favor certain businesses over others, potentially leading to market distortions. They argue that the tax credit could be seen as a misuse of taxpayer funds and may not effectively promote economic growth.

Conflict of Interest Analysis Deep Analysis
1/10
Risk Level
Low
Total Donations
$52,500,000
PAC Percentage
0%
Policy Area
Taxation

Based on the available data, there appears to be a low risk of conflicts of interest between Representative Josh Gottheimer's campaign donors and the subject matter of H.R. 8655. The bill aims to provide tax credits for taxpayers selling products that promote New Jersey and to give retail space preference to such businesses. However, Gottheimer's top donor industries are Health Professionals and the Retired sector, with donations amounting to $40,000,000 and $12,500,000 respectively. There is no direct overlap between these industries and the bill's subject matter. Furthermore, the lobbying activity in this bill's policy area does not involve any of Gottheimer's top donors. The largest lobbying expenditure in this area was $65,000 by the Salt River Pima Maricopa Indian Community, which is not directly related to Gottheimer's donor base or the bill's subject matter.

Lobbying Activity — Who's Pushing?

Organizations that lobbied on issues related to this bill's policy area. 1 lobbying client(s) are also sponsor donors.

Client Lobbying Firm Amount
NSIGHT HEALTH, INC. Also a Donor MONTICELLO ADVISORY GROUP undisclosed
MORONGO BAND OF MISSION INDIANS PACE, LLP $70,000
SALT RIVER PIMA MARICOPA INDIAN COMMUNITY PACE, LLP $65,000
CATAWBA INDIAN NATION OF SOUTH CAROLINA PACE, LLP $60,000
SANTA YNEZ BAND OF CHUMASH INDIANS PACE, LLP $60,000
CA STATE ASSEMBLY PACE, LLP $50,000
COLORADO RIVER INDIAN TRIBES PACE, LLP $40,000
ONEIDA TRIBE OF INDIANS OF WISCONSIN PACE, LLP $40,000
PASKENTA BAND OF NOMLAKI INDIANS PACE, LLP $35,000
COLUSA INDIAN COMMUNITY PACE, LLP $30,000
KARUK TRIBE PACE, LLP $20,000
NAPA VALLEY VINTNERS ASSOCIATION PACE, LLP $20,000
BISHOP PAIUTE TRIBE PACE, LLP $20,000
SAN FRANCISCO BAR PILOTS ASSN PACE, LLP $10,000
CLEARINGHOUSE CDFI MONTICELLO ADVISORY GROUP undisclosed

Source: Senate Lobbying Disclosure Act (LDA) filings, 2026

Sponsor's Top Donor Industries

Top industries funding Josh Gottheimer, ranked by total contributions.

Health Professionals $40,000,000
Individuals: $40,000,000 PACs: $0
Retired $12,500,000
Individuals: $12,500,000 PACs: $0

Source: OpenSecrets.org (Center for Responsive Politics)

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