NJ S751 | 2024-2025 | Regular Session
Note: Carry Over of previous S398
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - 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 January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State.
Title
Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-09 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Same As/Similar To
S398 (Carry Over) 2022-01-11 - 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/2024/S751 |
| Text | https://pub.njleg.gov/Bills/2024/S1000/751_I1.HTM |
