NJ A5149 | 2020-2021 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on December 14 2020 - 25% progression
Action: 2020-12-14 - Introduced, Referred to Assembly Appropriations Committee
Pending: Assembly Appropriations Committee
Hearing: Feb 24 @ 12:30 pm in Registration Form
Text: Latest bill text (Introduced) [HTML]

Summary

Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax.

Sponsors


History

DateChamberAction
2020-12-14AssemblyIntroduced, Referred to Assembly Appropriations Committee

Same As/Similar To

S3234 (Same As) 2021-01-29 - Received in the Assembly, Referred to Assembly Appropriations Committee

Subjects


New Jersey State Sources


Bill Comments

feedback