Bill Commons

NJ A 5322

passed one chamber

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

New Jersey · 222 · lower

Introduced
2026-06-23
Status date
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

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:27:43.923511Z

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