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NJ S1025
NJ S1025Excludes military compensation of military personnel serving outside of this State from gross income tax.
summary
Introduced
01/22/2018
01/22/2018
In Committee
01/22/2018
01/22/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill allows an exclusion 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. The bill takes effect immediately and applies to taxable years ending after enactment.
AI Summary
This bill allows an exclusion from the gross income tax for certain military compensation received by New Jersey residents who are serving outside of the state. Specifically, the bill excludes from gross income tax the compensation paid by the United States to members of the Armed Forces who are domiciled in New Jersey but stationed outside of the state. The bill takes effect immediately and applies to taxable years ending after its enactment.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Combined with S129 (SCS) (on 02/22/2018)
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/2018/Bills/S1500/1025_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/S1500/1025_I1.PDF |
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