Bill
Bill > A2532
NJ A2532
NJ A2532Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.
summary
Introduced
02/14/2022
02/14/2022
In Committee
02/14/2022
02/14/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.
AI Summary
This bill allows New Jersey taxpayers to deduct from their gross income the amount of charitable contributions made to qualified New Jersey-based charitable organizations, up to $20,000 for married couples filing jointly, $10,000 for married individuals filing separately, or $10,000 for single taxpayers or individuals filing under a specific tax provision. A "qualified New Jersey-based charitable organization" is one that is registered in the state or exempt from registration, and maintains an office, employs people, and provides services within New Jersey. The bill takes effect immediately and applies to charitable contributions made in taxable years starting on or after the January 1 following the date of enactment.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Introduced, Referred to Assembly Community Development and Affairs Committee (on 02/14/2022)
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/A2532 |
| BillText | https://pub.njleg.gov/Bills/2022/A3000/2532_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A3000/2532_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A3000/2532_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A3000/2532_I1.PDF |
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