Bill
Bill > A3040
NJ A3040
NJ A3040Excludes military compensation of military personnel serving outside of this State from gross income tax.
summary
Introduced
02/16/2016
02/16/2016
In Committee
02/16/2016
02/16/2016
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill allows an exemption for certain military compensation from the gross income tax for those servicemen and women domiciled in New Jersey but serving their duty outside of the State of New Jersey.
AI Summary
This bill allows an exemption from the New Jersey gross income tax for certain military compensation received by servicemen and women who are domiciled in New Jersey but are serving their duty outside of the state. Specifically, the bill exempts compensation paid by the United States for service in the Armed Forces of the United States performed by an individual domiciled in New Jersey but stationed outside of the state. This exemption applies to taxable years ending after the bill's enactment.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 02/16/2016)
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/A3500/3040_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A3500/3040_I1.PDF |
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