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
09/22/2022
In Committee
09/22/2022
09/22/2022
Crossed Over
Passed
Dead
01/08/2024
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)
Kimberly Eulner (R)*,
Marilyn Piperno (R)*,
Beth Sawyer (R)*,
Vicky Flynn (R),
Michele Matsikoudis (R),
Kevin Rooney (R),
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 09/22/2022)
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/A4560 |
BillText | https://pub.njleg.gov/Bills/2022/A5000/4560_I1.HTM |
Bill | https://pub.njleg.gov/Bills/2022/A5000/4560_I1.PDF |
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