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Bill > S615


NJ S615

NJ S615
Provides a gross income tax deduction for veterinarian expenses.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides a gross income deduction for veterinarian expenses. Specifically, the bill allows a taxpayer to deduct up to $2,500 in nonreimbursed veterinarian expenses incurred by the taxpayer for the examination and care of their pet during the taxable year.

AI Summary

This bill allows New Jersey taxpayers to deduct up to $2,500 from their gross income for unreimbursed veterinarian expenses incurred for the examination and care of their pet during the tax year, with "pet" defined as any domesticated animal normally kept in or near the taxpayer's home, and "veterinarian" referring to a licensed practitioner in New Jersey.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/09/2024)

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