Bill
Bill > S1927
summary
Introduced
01/09/2024
01/09/2024
In Committee
06/26/2025
06/26/2025
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill extends the veteran's gross income tax exemption to spouses of deceased veterans. Currently, veterans are allowed a $6,000 exemption, which can be taken as a deduction from their income, for purposes of calculating their State gross income tax liability. If a veteran dies during a taxable year, the spouse of the veteran is allowed the exemption for that taxable year if filing a joint return. However, the spouse is not allowed the exemption in subsequent years. Under this bill, the spouse of the deceased veteran would be allowed to continue to claim the exemption until the spouse remarries.
AI Summary
This bill extends the veteran's gross income tax exemption of $6,000 to the spouses of deceased veterans. Currently, the exemption can only be claimed by the veteran themselves or the surviving spouse in the year the veteran dies. Under this bill, the spouse of the deceased veteran would be able to continue claiming the exemption in subsequent years until they remarry.
Committee Categories
Budget and Finance, Military Affairs and Security
Sponsors (6)
Carmen Amato (R)*,
Renee Burgess (D)*,
Patrick Diegnan (D),
Linda Greenstein (D),
Raj Mukherji (D),
Douglas Steinhardt (R),
Last Action
Reported from Senate Committee, 2nd Reading (on 06/26/2025)
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/2024/S1927 |
Analysis - Statement SBA 6/26/25 | https://pub.njleg.gov/Bills/2024/S2000/1927_S2.PDF |
Fiscal Note - Fiscal Estimate 3/5/25; as introduced | https://pub.njleg.gov/Bills/2024/S2000/1927_E1.PDF |
Analysis - Statement SMV 3/3/25 | https://pub.njleg.gov/Bills/2024/S2000/1927_S1.PDF |
Analysis - Technical Review Of Prefiled Bill | https://pub.njleg.gov/Bills/2024/S2000/1927_T1.PDF |
BillText | https://pub.njleg.gov/Bills/2024/S2000/1927_I1.HTM |
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