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Bill > S2409


NJ S2409

NJ S2409
Allows resident taxpayers to deduct from gross income fifty percent of amount paid through E-ZPass for NJTA tolls.


summary

Introduced
05/07/2020
In Committee
05/07/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill allows resident taxpayers to deduct from gross income fifty percent of amount paid through E-ZPass or another electronic tolling system for New Jersey Turnpike Authority (NJTA) tolls. The NJTA tolls are the tolls on the NJ Turnpike and the Garden State Parkway. A taxpayer may not include in the calculation of the deduction any amount paid through E-ZPass for fees or fines. Amounts that are reimbursed to the taxpayer or that are otherwise deductible under certain provisions of State law also cannot be included in the calculation of the deduction.

AI Summary

This bill allows resident taxpayers to deduct from their gross income 50% of the amount they paid through E-ZPass or another electronic tolling system for New Jersey Turnpike Authority (NJTA) tolls, which include tolls on the New Jersey Turnpike and the Garden State Parkway. The taxpayer cannot include in the deduction any amounts paid for fees, fines, or that are already reimbursed or deductible under other provisions of state law.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (on 05/07/2020)

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