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Bill > A266


NJ A266

NJ A266
Eliminates veterans' gross income tax deduction requirement that New Jersey National Guard member serve in federal active duty status.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill eliminates the requirement that a New Jersey National Guard member serve in federal active duty status in order to qualify for the veterans' gross income tax deduction. A member of the New Jersey National Guard, who has been honorably discharged or otherwise been released under honorable circumstances, may claim a gross income tax deduction of $3,000 per taxable year. Under this bill, this veterans' gross income tax deduction is available regardless of whether the servicemember claiming the deduction was, at any point, called up for federal active duty status (meaning military service under the jurisdiction of the United States Secretary of Defense pursuant to 10 U.S.C. s.1209). This bill honors the service of the men and woman who enlist in the New Jersey National Guard. These servicemembers, as with all members of our armed forces, dedicate their time, make personal sacrifices, and incur costs for the benefit of the State and its residents. Accordingly, these servicemembers deserve the same honor, recognition, and tax relief already afforded under State law to veterans of other military branches.

AI Summary

This bill eliminates the requirement that a New Jersey National Guard member serve in federal active duty status in order to qualify for the veterans' gross income tax deduction. Under this bill, any member of the New Jersey National Guard who has been honorably discharged or otherwise released under honorable circumstances may claim a $3,000 gross income tax deduction per taxable year, regardless of whether they were called up for federal active duty. This bill aims to honor the service and sacrifices of all New Jersey National Guard members, providing them with the same tax relief already afforded to veterans of other military branches under state law.

Committee Categories

Military Affairs and Security

Sponsors (4)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/14/2020)

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