Bill Commons

NJ A 5322

enacted

Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

New Jersey · 222 · lower

Quick answers

Did NJ A 5322 pass?

Yes. NJ A 5322 has been enacted into law as of 2026-06-30. Latest recorded action (2026-06-30): Approved P.L.2026, c.21.

What is NJ A 5322 about?

NJ A 5322 is a bill in the 222 titled “Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.”.

Who sponsors NJ A 5322?

Verrelli, Anthony S., Brennan, Katie, Scutari, Nicholas P. are the primary sponsors of NJ A 5322.

Introduced
2026-06-23
Latest action
2026-06-30 — Approved P.L.2026, c.21.
Bill type
bill
Last updated
—

Sponsors

  • Verrelli, Anthony S.primary
  • Brennan, Katieprimary
  • Scutari, Nicholas P.primary

Committees

Not provided by source.

Action timeline

  1. 2026-06-23

    Introduced, Referred to Assembly Budget Committee

    introduction,referral-committee

  2. 2026-06-28

    Reported out of Assembly Comm. with Amendments, 2nd Reading

    reading-2

  3. 2026-06-30

    Passed by the Assembly (47-22-0)

  4. 2026-06-30

    Received in the Senate without Reference, 2nd Reading

    reading-2

  5. 2026-06-30

    Substituted for S4536 (1R)

  6. 2026-06-30

    Passed Senate (Passed Both Houses) (25-15)

    passage

  7. 2026-06-30

    Approved P.L.2026, c.21.

Versions

Documents

Votes

Not provided by source.

Related bills

  • Companion bill: S 4536 (1R)not in this corpus

Official source

https://www.njleg.state.nj.us/bill-search/2026/A5322

Attribution

Data from openstates_api_sync, retrieved 2026-08-21T21:13:34.972413Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

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Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

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