NJ A4098 | 2020-2021 | Regular Session
Note: Carry Foward to future A2706
Note: Carry Over of previous A5771
Note: Carry Over of previous A5771
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 7 2020 - 25% progression, died in committee
Action: 2020-05-07 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 7 2020 - 25% progression, died in committee
Action: 2020-05-07 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Eliminates requirement that taxpayer that qualifies as S corporation for federal tax purposes affirmatively elect New Jersey S corporation status for purposes of corporation business and gross income taxes.
Title
Eliminates requirement that taxpayer that qualifies as S corporation for federal tax purposes affirmatively elect New Jersey S corporation status for purposes of corporation business and gross income taxes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-07 | Assembly | Introduced, Referred to Assembly Commerce and Economic Development Committee |
Same As/Similar To
A4098 (Carry Over) 2020-05-07 - Introduced, Referred to Assembly Commerce and Economic Development Committee
A5771 (Carry Over) 2019-08-27 - Introduced, Referred to Assembly Commerce and Economic Development Committee
A5771 (Carry Over) 2019-08-27 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2020/A4098 |
| Text | https://pub.njleg.gov/Bills/2020/A4500/4098_I1.HTM |
