Bill
Bill > S1313
NJ S1313
Allows corporation business tax and gross income tax credits to businesses employing qualified ex-offenders.
summary
Introduced
02/03/2022
02/03/2022
In Committee
05/16/2022
05/16/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Allows corporation business tax and gross income tax credits to businesses employing qualified ex-offenders.
AI Summary
This bill allows corporation business tax and gross income tax credits to businesses employing qualified ex-offenders. A "qualified ex-offender" is defined as an individual who has been convicted of a crime in New Jersey and has been hired within one year of their conviction or release from incarceration. The tax credit is equal to 15% of the wages paid to a qualified ex-offender, up to $900 per employee per privilege period or taxable year. The credits are subject to certain limitations and can be carried over to future years if unused.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (2)
Last Action
Referred to Senate Budget and Appropriations Committee (on 05/16/2022)
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/S1313 |
| BillText | https://pub.njleg.gov/Bills/2024/S1500/1313_I1.HTM |
| Fiscal Note - Fiscal Estimate 6/13/22; 1R | https://pub.njleg.gov/Bills/2022/S1500/1313_E1.PDF |
| Analysis - Statement SCM 5/16/22 | https://pub.njleg.gov/Bills/2022/S1500/1313_S1.PDF |
| Fiscal Estimate 6/13/22; 1R | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_E1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_R1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_R1.PDF |
| Statement SCM 5/16/22 | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_S1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S1500/1313_I1.PDF |
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