Bill
Bill > A2222
NJ A2222
NJ A2222Provides refundable gross income tax credits to staff members at childcare centers.
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 provides refundable gross income tax credits to staff members at child care centers. The credit is for $1,000 for the taxable year and can be claimed by both individuals in the case of married individuals filing a joint return. If the credit exceeds the taxpayer's liability, the taxpayer will receive a refund for the amount in excess of that liability. The bill will take effect immediately and apply to taxable years beginning January 1 next following enactment.
AI Summary
This bill provides refundable gross income tax credits of $1,000 to staff members at child care centers. The credit can be claimed by both individuals in the case of married individuals filing a joint return. If the credit exceeds the taxpayer's liability, the taxpayer will receive a refund for the amount in excess of that liability. The bill will take effect immediately and apply to taxable years beginning January 1 next following enactment.
Committee Categories
Education
Sponsors (2)
Last Action
Introduced, Referred to Assembly Children, Families and Food Security Committee (on 01/09/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A2222 |
| BillText | https://pub.njleg.gov/Bills/2024/A2500/2222_I1.HTM |
Loading...