NJ S3704 | 2022-2023 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Engrossed on June 20 2023 - 50% progression, died in committee
Action: 2023-06-22 - Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on June 20 2023 - 50% progression, died in committee
Action: 2023-06-22 - Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Amended) [HTML]
Summary
Revises pass-through business alternative income tax to include more forms of S corporation income in calculation of pass-through business alternative income tax liability; modifies election and revocation dates for pass-through business alternative income tax.
Title
Revises pass-through business alternative income tax to include more forms of S corporation income in calculation of pass-through business alternative income tax liability; modifies election and revocation dates for pass-through business alternative income tax.
Sponsors
| Sen. Paul Sarlo [D] | Sen. Steven Oroho [R] |
Roll Calls
2023-06-20 - Senate - Senate Floor: Third Reading - Final Passage (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2023-06-12 - Senate - Senate Budget and Appropriations Committee: Reported with Amendments (Y: 12 N: 0 NV: 1 Abs: 0) [PASS]
2023-06-12 - Senate - Senate Budget and Appropriations Committee: Reported with Amendments (Y: 12 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-06-22 | Assembly | Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee |
| 2023-06-20 | Senate | Passed by the Senate (37-0) |
| 2023-06-12 | Senate | Reported from Senate Committee with Amendments, 2nd Reading |
| 2023-03-06 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
