Bill
Bill > A3955
summary
Introduced
04/13/2020
04/13/2020
In Committee
04/13/2020
04/13/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill provides a one-time deduction of $10,000 from gross income that can be claimed in addition to other deductions. This deduction applies to households and joint filers earning under $250,000 and single filers earning under $125,000. The purpose of the bill is to provide relief in the wake of the COVID-19 pandemic.
AI Summary
This bill provides a one-time $10,000 deduction from gross income for the 2020 tax year. The deduction applies to households and joint filers earning under $250,000, and single filers earning under $125,000. The purpose of the bill is to provide financial relief in the wake of the COVID-19 pandemic.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Introduced, Referred to Assembly Appropriations Committee (on 04/13/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A4000/3955_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A4000/3955_I1.PDF |
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