NJ A5771 | 2018-2019 | Regular Session
Note: Carry Foward to future A4098
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on August 27 2019 - 25% progression, died in committee
Action: 2019-08-27 - 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 August 27 2019 - 25% progression, died in committee
Action: 2019-08-27 - 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 |
|---|---|---|
| 2019-08-27 | Assembly | Introduced, Referred to Assembly Commerce and Economic Development Committee |
Same As/Similar To
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/2018/A5771 |
| Text | https://pub.njleg.gov/Bills/2018/A9999/5771_I1.HTM |
