Bill

Bill > S1837


NJ S1837

NJ S1837
Establishes gross income tax credit for cost of certain postage for sending goods to members of United States Armed Forces and National Guard who are serving their country away from home.


summary

Introduced
02/28/2022
In Committee
02/28/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill establishes a gross income tax credit for the amount of postage taxpayers pay the United States Postal Service to send parcels as priority mail to individuals serving in the Armed Forces of the United States or the National Guard at military installations in the United States or abroad. Homesickness frequently befalls members of the Armed Forces and the National Guard while serving their country afield. To boost their morale, many send military personnel packages with cherished items from back home. The cost of postage can strain the ability of the home front to take care of those stationed or deployed afield. In allowing a tax credit for certain postage expenses, this bill removes a cost-prohibitive deterrent to sending goods of appreciation and caring to loved ones serving away from home.

AI Summary

This bill establishes a gross income tax credit for the amount of postage taxpayers pay to the United States Postal Service to send priority mail parcels to individuals serving in the Armed Forces of the United States or the National Guard, whether stationed within or outside the United States. The credit can be applied against the taxpayer's gross income tax liability, and any excess credit can be treated as an overpayment. This measure aims to alleviate the financial burden on families and friends who want to send care packages and other items to their loved ones serving away from home, to boost the morale of military personnel and National Guard members.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 02/28/2022)

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