NJ A2664 | 2024-2025 | Regular Session

Note: Carry Over of previous A2897

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
Pending: Assembly Commerce, Economic Development and Agriculture Committee 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.

Tracking Information

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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


History

DateChamberAction
2024-01-09AssemblyIntroduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee

Same As/Similar To

A2897 (Carry Over) 2022-02-28 - Introduced, Referred to Assembly Commerce and Economic Development Committee

Subjects


New Jersey State Sources


Bill Comments

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