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Bill > A2441

NJ A2441

NJ A2441
Expands eligibility under New Jersey earned income tax credit program to allow taxpayers with Individual Taxpayer Identification Numbers to qualify.

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 allows taxpayers with Individual Taxpayer Identification Numbers (ITIN) to qualify for the New Jersey earned income tax credit (NJEITC) program. Under the federal earned income tax credit program, a taxpayer, including a spouse if filing a joint return, is required to have a Social Security number issued by the federal Social Security Administration in order to qualify. Eligibility for the NJEITC is generally linked to the federal earned income tax credit program; thus, an individual taxpayer who has an ITIN does not qualify for either the federal or State programs. The bill modifies the eligibility criteria under the NJEITC program to allow taxpayers with ITINs to qualify for the tax credit. The sponsor's intent is for all records submitted by a taxpayer as part of their application for the NJEITC to remain confidential and privileged as set forth in the confidentiality statute that affects any State tax law.

AI Summary

This bill allows taxpayers with Individual Taxpayer Identification Numbers (ITINs) to qualify for the New Jersey Earned Income Tax Credit (NJEITC) program. Normally, eligibility for the NJEITC is linked to the federal earned income tax credit, which requires a Social Security number. The bill modifies the NJEITC eligibility criteria to include ITIN holders, allowing them to claim the state tax credit if they would otherwise be eligible but for the Social Security number requirement. The sponsor's intent is for all records submitted by a taxpayer as part of their NJEITC application to remain confidential and privileged under state tax law confidentiality provisions.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)
(3 Companion Bills)

bill text

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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A2441
BillText https://pub.njleg.gov/Bills/2024/A2500/2441_I1.HTM
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