Bill

Bill > A3782


NJ A3782

NJ A3782
Provides gross income tax deduction for residents who subscribe to New Jersey based newspapers.


summary

Introduced
02/22/2024
In Committee
02/22/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides a deduction from New Jersey gross income for a taxpayer who subscribes to a New Jersey based newspaper. The deduction, in the amount of $250 per taxable year, is available to an individual who subscribes to a New Jersey based newspaper. The bill defines "newspaper subscription" as a print version of a newspaper, a digital-only version of a newspaper, or both print and digital versions of a newspaper that a New Jersey resident personally pays for. This bill additionally defines "New Jersey based newspapers" as a publication which covers New Jersey and is headquartered in the State.

AI Summary

This bill provides a $250 deduction from New Jersey gross income for taxpayers who subscribe to a New Jersey-based newspaper, either in print, digital, or both formats. A "New Jersey-based newspaper" is defined as a publication that covers New Jersey news and is headquartered in the state. The deduction is available for the calendar year in which the taxes are due and payable on the gross income.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee (on 02/22/2024)

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