Bill

Bill > A4560


NJ A4560

Allows gross income tax deduction of up to $1,200 for purchases of school supplies by parents and guardians.


summary

Introduced
09/22/2022
In Committee
09/22/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill allows a taxpayer who is a parent or guardian of a student enrolled in a public or nonpublic elementary or secondary school in the State, or at any institution of higher education, a deduction against gross income of up to $1,200 in purchases made by the taxpayer for school supplies during the taxable year. As used in the bill, "school supplies" means items commonly used by a student in a course of study, and shall include: binders; book bags; calculators; cellophane tape; blackboard chalk; compasses; composition books; crayons; erasers; folders, including expandable folders, pocket folders, plastic folders, and manila folders; glue, paste, and paste sticks; highlighters; index cards; index card boxes; legal pads; lunch boxes; markers; notebooks; paper, including loose leaf ruled notebook paper, copy paper, graph paper, tracing paper, manila paper, colored paper, poster board, and construction paper; pencil boxes and other school supply boxes; pencil sharpeners; pencils; pens; protractors; rulers; scissors; and writing tablets.

AI Summary

This bill allows a taxpayer who is a parent or guardian of a student enrolled in a public or nonpublic elementary or secondary school in the State, or at any institution of higher education, to deduct up to $1,200 from their gross income for purchases made for school supplies during the taxable year. The term "school supplies" is defined to include a wide range of items commonly used by students, such as binders, notebooks, pens, and more.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Introduced, Referred to Assembly Commerce and Economic Development Committee (on 09/22/2022)

bill text


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