Bill Text: NJ S2347 | 2016-2017 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Permits certain municipalities to impose and collect payroll tax of up to 1 percent of employer's payroll.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2017-03-22 - Approved P.L.2017, c.35. [S2347 Detail]

Download: New_Jersey-2016-S2347-Amended.html

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[First Reprint]

SENATE, No. 2347

STATE OF NEW JERSEY

217th LEGISLATURE

 

INTRODUCED JUNE 9, 2016

 

 

Sponsored by:

Senator  RONALD L. RICE

District 28 (Essex)

Senator  M. TERESA RUIZ

District 29 (Essex)

Assemblywoman  L. GRACE SPENCER

District 29 (Essex)

Assemblywoman  ELIANA PINTOR MARIN

District 29 (Essex)

Assemblyman  THOMAS P. GIBLIN

District 34 (Essex and Passaic)

 

Co-Sponsored by:

Assemblywoman Tucker

 

 

 

 

SYNOPSIS

     Permits certain municipalities to impose and collect payroll tax of up to 1% of employer's payroll.

 

CURRENT VERSION OF TEXT

     As amended on February 13, 2017 by the Senate pursuant to the Governor's recommendations.

 

An Act concerning the payroll tax levied by certain municipalities and amending P.L.1970, c.326.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Section 15 of P.L.1970, c.326 (C.40:48C-15) is amended to read as follows:

     15.  Any municipality may by ordinance impose and collect an employer payroll tax for general municipal purposes of the municipality at a rate of up to 1% of the employer's payroll.  ¹Any reduction in the employer payroll tax while the municipality is in receipt of transitional aid shall be subject to approval by the Department of Community Affairs.¹

(cf:  P.L.1970, c.326, s.15)

 

     2.    This act shall take effect immediately.