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Bill > A1480


NJ A1480

NJ A1480
Allows resident taxpayers to deduct from gross income fifty percent of amount paid through E-ZPass for NJTA tolls.


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

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 50% of the amount paid through E-ZPass or another electronic tolling system for New Jersey Turnpike Authority (NJTA) tolls on the New Jersey Turnpike and Garden State Parkway from their gross income. The deduction does not apply to any amounts paid as fines, penalties, administrative fees, or other payments that are reimbursed or already deductible under other provisions of state law.

Committee Categories

Transportation and Infrastructure

Sponsors (5)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/11/2022)

bill text


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