NJ A2897 | 2022-2023 | Regular Session
Note: Carry Foward to future A2664
Note: Carry Over of previous A504
Note: Carry Over of previous A504
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 28 2022 - 25% progression, died in committee
Action: 2022-02-28 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 28 2022 - 25% progression, died in committee
Action: 2022-02-28 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Consolidates all categories of gross income for cross-claiming of net losses and allows 20 year loss carryforward under the New Jersey gross income tax; repeals alternate business income calculation.
Title
Consolidates all categories of gross income for cross-claiming of net losses and allows 20 year loss carryforward under the New Jersey gross income tax; repeals alternate business income calculation.
Sponsors
| Rep. Jay Webber [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-28 | Assembly | Introduced, Referred to Assembly Commerce and Economic Development Committee |
Same As/Similar To
A2897 (Carry Over) 2022-02-28 - Introduced, Referred to Assembly Commerce and Economic Development Committee
A504 (Carry Over) 2020-01-14 - Introduced, Referred to Assembly Appropriations Committee
A504 (Carry Over) 2020-01-14 - Introduced, Referred to Assembly Appropriations Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2022/A2897 |
| Text | https://pub.njleg.gov/Bills/2022/A3000/2897_I1.HTM |
