NJ A1494 | 2016-2017 | Regular Session
Note: Carry Over of previous A1764
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-01-27 - Introduced, Referred to Assembly Budget Committee
Pending: Assembly Budget Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-01-27 - Introduced, Referred to Assembly Budget Committee
Pending: Assembly Budget Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increase gross income tax rate on income exceeding $1,000,000 for taxable years 2011 and 2012 and expands gross income tax exclusion for pensions, annuities and other retirement income for certain taxpayers beginning in 2011.
Title
Increase gross income tax rate on income exceeding $1,000,000 for taxable years 2011 and 2012 and expands gross income tax exclusion for pensions, annuities and other retirement income for certain taxpayers beginning in 2011.
Sponsors
Sen. John McKeon [D] | Rep. Grace Spencer [D] | Rep. Ralph Caputo [D] | Rep. Cleopatra Tucker [D] |
Rep. Mila Jasey [D] |
History
Date | Chamber | Action |
---|---|---|
2016-01-27 | Assembly | Introduced, Referred to Assembly Budget Committee |
Same As/Similar To
A1764 (Carry Over) 2014-01-16 - Introduced, Referred to Assembly Budget Committee
Subjects
New Jersey State Sources
Type | Source |
---|---|
Summary | https://www.njleg.state.nj.us/bill-search/2016/A1494 |
Text | https://pub.njleg.gov/Bills/2016/A1500/1494_I1.HTM |