Bill
Bill > A1149
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 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 certain taxpayers under the Gross Income Tax (GIT). 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, Business and Industry
Sponsors (3)
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/11/2022)
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/2022/A1149 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A1500/1149_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A1500/1149_I1.PDF |
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