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Bill > S1063


NJ S1063

NJ S1063
Provides deduction from gross income of $500 for full-time educators and paraprofessionals and $350 for part-time educators and paraprofessionals.


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 tax deduction for eligible educators and paraprofessionals. A deduction in the amount of $500 is available to eligible educators and paraprofessionals who are full-time employees. A deduction in the amount of $350 is available to eligible educators and paraprofessionals who are not full-time employees. The bill requires a full-time employee to be employed for a minimum of 25 hours per week. The bill defines an "eligible educator" as a teacher who is employed in a school district, charter school, renaissance school project, approved private school for students with disabilities, or nonpublic school in New Jersey. The bill additionally defines a "paraprofessional" as an individual who is employed as a school aide or classroom aide who assists a teaching staff member with the supervision of pupil activities.

AI Summary

This bill provides a gross income tax deduction for eligible educators and paraprofessionals. Full-time employees can deduct $500 from their gross income, while part-time employees can deduct $350. The bill defines an "eligible educator" as a teacher employed in a public or private school in New Jersey, and a "paraprofessional" as a school or classroom aide who assists a teacher. The bill also defines "full-time employee" as an individual who works at least 25 hours per week, or more if required by their contract or employer. The bill takes effect immediately and applies to taxable years starting on or after the January 1 following its enactment.

Committee Categories

Education

Sponsors (1)

Last Action

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

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