NJ A2552 | 2024-2025 | Regular Session

Note: Carry Over of previous A3403

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
Pending: Assembly Commerce, Economic Development and Agriculture Committee Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

Tracking Information

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Title

Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

Sponsors


History

DateChamberAction
2024-01-09AssemblyIntroduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee

Same As/Similar To

A3403 (Carry Over) 2022-03-07 - Introduced, Referred to Assembly Commerce and Economic Development Committee

Subjects


New Jersey State Sources


Bill Comments

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