Bill Texts: NJ S1128 | 2024-2025 | 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) 2024-01-09 - Introduced in the Senate, Referred to Senate Judiciary Committee [S1128 Detail]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-01-09 - Introduced in the Senate, Referred to Senate Judiciary Committee [S1128 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
---|---|---|---|---|
Introduced | 2023-12-28 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
---|---|---|---|---|---|
No bill amendments currently on file for New Jersey S1128 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
---|---|---|---|---|---|
No supplemental documents for New Jersey S1128 currently on file. |