Bill
Bill > A4808
NJ A4808
NJ A4808Provides for voluntary contributions by taxpayers on gross income tax returns to State aid for public schools.
summary
Introduced
12/10/2018
12/10/2018
In Committee
12/10/2018
12/10/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill allows taxpayers to contribute a portion of their New Jersey gross income tax refund towards State aid for public schools. Taxpayers may indicate on their gross income tax return that a portion of their tax refund be deposited into the "School Aid Contribution Fund." The Legislature will use the funds collected to supplement State school aid in addition to, and not in place of, the annual appropriation for State school aid. Any funds collected may not be used to supplant the amount of State funds appropriated to State school aid from the prior fiscal year.
AI Summary
This bill allows taxpayers to contribute a portion of their New Jersey gross income tax refund towards State aid for public schools. Taxpayers can indicate on their tax return that a portion of their refund be deposited into the "School Aid Contribution Fund." The Legislature will use these funds to supplement, not replace, the annual appropriation for State school aid. The funds collected cannot be used to supplant the prior year's State school aid appropriation.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Introduced, Referred to Assembly Appropriations Committee (on 12/10/2018)
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/A5000/4808_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A5000/4808_I1.PDF |
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