Bill Text: NJ S1139 | 2022-2023 | Regular Session | Amended
Bill Title: Provides tax credit to long-term care facilities that pay for training and certification of certified nurse aide.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-03-10 - Referred to Senate Budget and Appropriations Committee [S1139 Detail]
Download: New_Jersey-2022-S1139-Amended.html
Sponsored by:
Senator VIN GOPAL
District 11 (Monmouth)
SYNOPSIS
Provides tax credit to long-term care facilities that pay for training and certification of certified nurse aide.
CURRENT VERSION OF TEXT
As reported by the Senate Health, Human Services and Senior Citizens Committee on March 10, 2022, with amendments.
An Act providing a 1[corporation business]1 tax credit to long-term care facilities that pay for the training and certification of a certified nurse aide 1[,] and1 supplementing P.L.1945, c.162 (C.54:10A-1 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. 1As used in this section:
"Certified nurse aide" means a person who has completed a mandatory training program and is certified by the New Jersey Department of Health to perform such duties.
"Long-term care facility" means a nursing home, assisted living residence, comprehensive personal care home, residential health care facility, or dementia care home licensed pursuant to P.L.1971, c.136 (C.26:2H-1 et seq.).1
b.1 A long-term care facility that pays during the privilege period for the training and certification of a person to become a certified nurse aide shall be allowed a credit against the tax imposed pursuant to section 5 of P.L.1945, c.162 (C.54:10A-5) 1or, in the case of a long-term care facility that is classified as a partnership for federal income tax purposes, the tax otherwise due under the "New Jersey Gross Income Tax Act," N.J.S.54A:1-1 et seq1 . The amount of the credit shall be $1,000 for each person that the long-term care facility provided the payment for training and certification to become a certified nurse aide, but not to exceed $3,000 in the privilege period.
1[As used in this section:
"Certified nurse aide" means a person who has completed a mandatory training program and is certified by the New Jersey Department of Health to perform such duties.
"Long-term care facility" means a nursing home, assisted living residence, comprehensive personal care home, residential health care facility, or dementia care home licensed pursuant to P.L.1971, c.136 (C.26:2H-1 et seq.).]1
1[b.] c. (1)1 The amount of the credit applied under this section against the tax imposed pursuant to section 5 of P.L.1945, c.162 (C.54:10A-5), for a privilege period, when taken together with any other credits allowed against the tax imposed pursuant to section 5 of P.L.1945, c.162 (C.54:10A-5), shall not exceed 50 percent of the tax liability otherwise due and shall not reduce the tax liability to an amount less than the statutory minimum provided in subsection (e) of section 5 of P.L.1945, c.162 (C.54:10A-5).
1(2) A long-term care facility that is classified as a partnership for federal income tax purposes shall not be allowed a tax credit pursuant to this section directly, but the amount of tax credit of a taxpayer in respect to the distributive share of the facility's income shall be determined by allocating to the taxpayer that proportion of the tax credit acquired by the facility that is equal to the taxpayer's share, whether or not distributed, of the total distributive income or gain of the facility for its taxable year ending within or with the taxpayer's taxable year.1
1[c.] d.1 The priority in which credits allowed pursuant to this section and any other credits shall be taken shall be determined by the Director of the Division of Taxation.
2. This act shall take effect immediately and apply to privilege periods beginning after enactment.
