Bill

Bill > A2537


NJ A2537

NJ A2537
Provides spouses of military servicemembers with gross income tax credit, up to $500, for professional relicensing fees incurred upon relocating to State.


summary

Introduced
02/14/2022
In Committee
02/14/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Provides spouses of military servicemembers with gross income tax credit, up to $500, for professional relicensing fees incurred upon relocating to State.

AI Summary

This bill provides a gross income tax credit of up to $500 for spouses of military servicemembers who incur professional relicensing fees when relocating to the state. The credit applies to fees for licenses or certifications required by the state for a profession the eligible spouse practiced prior to relocating, during the period beginning on the date the permanent change of station order is issued and ending 13 months after the reporting date specified in the order. The order of priority for applying this credit and any other credits against the state's gross income tax is determined by the state director, who also must promulgate procedures and forms for taxpayers to certify their eligibility for the credit.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Combined with A833 (ACS) (on 03/23/2023)

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