Bill
Bill > S3632
NJ S3632
NJ S3632Restricts authority to terminate reciprocal personal income tax agreements with other states.
summary
Introduced
12/20/2017
12/20/2017
In Committee
12/20/2017
12/20/2017
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill requires that the authority of the Director of the Division of Taxation in the Department of the Treasury to enter into reciprocal personal income tax agreements with other states is to be limited by restricting the termination of any such agreement to the enactment by the Legislature and the Governor of a law directing the termination of an agreement. This bill is retroactive to October 19, 1977, the effective date of the Reciprocal Personal Income Tax Agreement between the Commonweatlh of Pennsylvania and the State of New Jersey.
AI Summary
This bill requires that the Director of the Division of Taxation in the Department of the Treasury can only terminate a reciprocal personal income tax agreement with another state through the enactment of a law directing the termination of the agreement. This applies retroactively to the Reciprocal Personal Income Tax Agreement between New Jersey and Pennsylvania, which became effective on October 19, 1977.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (on 12/20/2017)
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/bills/BillView.asp?BillNumber=S3632 |
| BillText | https://www.njleg.state.nj.us/2016/Bills/S4000/3632_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/S4000/3632_I1.PDF |
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