Bill Sponsors: NJ A3094 | 2020-2021 | Regular Session
Bill Title: Disallows tax deduction under corporation business tax and gross income tax for punitive damages paid in connection with legal action; includes amount paid as punitive damages on behalf of taxpayer in income for tax purposes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-02-24 - Introduced, Referred to Assembly Judiciary Committee [A3094 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-02-24 - Introduced, Referred to Assembly Judiciary Committee [A3094 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Senator John McKeon [D] | Primary | Sponsored Bills | SD-027 | FollowTheMoney | Ballotpedia | VoteSmart |
