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Bill > A762


NJ A762

NJ A762
Extends veteran's gross income tax exemption to spouses of deceased veterans.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Extends veteran's gross income tax exemption to spouses of deceased veterans.

AI Summary

This bill extends the $6,000 veteran's gross income tax exemption to the spouses of deceased veterans, starting in the taxable year following the veteran's death and continuing until the spouse remarries. The spouse is only eligible for the exemption if the deceased veteran was previously allowed the exemption. This change to the existing tax law is intended to provide continued financial support to the spouses of veterans who have passed away.

Committee Categories

Military Affairs and Security

Sponsors (3)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/11/2022)

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