Bill
Bill > S1248
NJ S1248
NJ S1248Establishes 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
02/08/2016
02/08/2016
In Committee
02/08/2016
02/08/2016
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 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, however, severely strains the ability of the home front to take care of those stationed or deployed afield. For example, in August 2010, a 20 pound parcel sent as priority mail to Afghanistan cost between $43.45 and $122.25 in postage, depending on the parcel's dimensions. 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 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. This credit is intended to help alleviate the financial burden on the home front in sending goods and care packages to their loved ones serving their country away from home, which can be cost-prohibitive due to the high postage rates. The bill allows the credit to be applied against the taxpayer's tax liability, and any excess credit amount can be claimed as an overpayment.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 02/08/2016)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/S1500/1248_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/S1500/1248_I1.PDF |
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