NJ S1150 | 2010-2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Allows a corporation business taxpayer recognizing income, gain or loss pursuant to a plan of complete liquidation to deduct its net operating loss carryovers notwithstanding the limitations on such deductions during the 2002-2005 tax years.
Title
Allows a corporation business taxpayer recognizing income, gain or loss pursuant to a plan of complete liquidation to deduct its net operating loss carryovers notwithstanding the limitations on such deductions during the 2002-2005 tax years.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-04 | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2010/S1150 |
| Text | https://pub.njleg.gov/Bills/2010/S1500/1150_I1.HTM |
