Bill
Bill > S3379
NJ S3379
NJ S3379Establishes gross income tax credit for cost of certain postage for sending goods to members of United States Armed Forces and National Guard who are serving their country away from home.
summary
Introduced
06/03/2024
06/03/2024
In Committee
06/03/2024
06/03/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill establishes a gross income tax credit for the amount of postage taxpayers pay the United States Postal Service to send parcels as priority mail to individuals serving in the Armed Forces of the United States or the National Guard at military installations in the United States or abroad. Homesickness frequently befalls members of the Armed Forces and the National Guard while serving their country afield. To boost their morale, many send military personnel packages with cherished items from back home. The cost of postage can strain the ability of the home front to take care of those stationed or deployed afield. In allowing a tax credit for certain postage expenses, this bill removes a cost-prohibitive deterrent to sending goods of appreciation and caring to loved ones serving away from home.
AI Summary
This bill establishes a gross income tax credit for the amount of postage taxpayers pay to the United States Postal Service to send parcels as priority mail to individuals serving in the Armed Forces of the United States or the National Guard, either within or outside the United States. The purpose is to help alleviate the cost burden for those on the home front who want to send care packages and other goods to their loved ones serving away from home, in order to boost the morale of the military personnel. The credit can be applied against the taxpayer's New Jersey gross income tax liability, and any excess credit amount will be treated as an overpayment.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 06/03/2024)
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/S3379 |
| BillText | https://pub.njleg.gov/Bills/2024/S3500/3379_I1.HTM |
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