Roll Call: NJ S3034 | 2014-2015 | Regular Session
For additional roll call votes on New Jersey S3034 please see the Vote List
Bill Title: Disallows tax deduction under corporation business tax and gross income tax for punitive damages paid in connection with legal action; includes amount paid as punitive damages on behalf of taxpayer in income for tax purposes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2015-06-25 - Received in the Assembly, Referred to Assembly Budget Committee [S3034 Detail]
Text: Latest bill text (Introduced) [HTML]
Bill Title: Disallows tax deduction under corporation business tax and gross income tax for punitive damages paid in connection with legal action; includes amount paid as punitive damages on behalf of taxpayer in income for tax purposes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2015-06-25 - Received in the Assembly, Referred to Assembly Budget Committee [S3034 Detail]
Text: Latest bill text (Introduced) [HTML]
Vote: Senate Floor: Third Reading - Final Passage
Vote | Tally | Democrat | Republican |
---|---|---|---|
Yea | 23 | 23 | - |
Nay | 14 | 1 | 13 |
Not Voting | 3 | 1 | 2 |
Absent | - | - | - |
TOTAL | 40 | 25 | 15 |