Bill
Bill > A4025
NJ A4025
NJ A4025Excludes military compensation of military personnel serving outside of this State from gross income tax.
summary
Introduced
05/04/2020
05/04/2020
In Committee
05/04/2020
05/04/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill allows an exemption for certain military compensation from the gross income tax for those servicemen and women domiciled in New Jersey but serving their duty outside of the State of New Jersey.
AI Summary
This bill allows an exemption from the New Jersey gross income tax for military compensation received by service members domiciled in New Jersey but stationed outside of the state. The bill specifically excludes from gross income tax the compensation paid by the United States for service in the Armed Forces of the United States performed by an individual domiciled in New Jersey but stationed outside of the state. The bill applies to taxable years ending after the date of enactment.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 05/04/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/A4025 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A4500/4025_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A4500/4025_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A4500/4025_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A4500/4025_I1.PDF |
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