Bill
Bill > A1757
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
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 be claimed by the veteran during their lifetime and by the spouse in the year the veteran dies, but not in subsequent years. Under this bill, the spouse of the deceased veteran would be allowed to continue claiming the exemption until they remarry.
Committee Categories
Military Affairs and Security
Sponsors (5)
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/09/2024)
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/A1757 |
| Fiscal Note - Fiscal Estimate 12/26/25; as introduced | https://pub.njleg.gov/Bills/2024/A2000/1757_E1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A2000/1757_I1.HTM |
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