Budget

State (New Jersey)
New Jersey 2016-2017 Regular Session

Allows Hurricane Sandy victims to claim gross income tax deduction for certain personal casualty losses. [AB-495] [Taxes ] [Disaster Relief ]
Allows Hurricane Sandy victims to claim gross income tax deduction for certain personal casualty losses.

  

Sponsored by: Rep. Kevin J. Rooney Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Directs State Comptroller to identify and recommend certain programmatic budget reductions for certain State agencies, authorities, and instrumentalities. [AB-1035] [Budget and Spending ]
Directs State Comptroller to identify and recommend certain programmatic budget reductions for certain State agencies, authorities, and instrumentalities.

  

Sponsored by: Rep. R. Bruce Land Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Requires distribution of homestead benefits on or before October 31 of the State fiscal year during which an appropriation is made. [AB-545] [Property Tax ] [Budget and Spending ]
Requires distribution of homestead benefits on or before October 31 of the State fiscal year during which an appropriation is made.

  

Sponsored by: Sen. Patrick J. Diegnan Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Phases out estate tax over five-year period. [AB-1059] [Taxes ] [Property Tax ]
Phases out estate tax over five-year period.

  

Sponsored by: Rep. Brian E. Rumpf Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Requires reporting of suspected abuse of institutionalized elderly to police and that facility employees receive notice of reporting requirement annually; designated as "Peggy's Law." [AB-936] [Senior Citizens ] [Crime ] [Public Safety ] [Human Services ]
Requires reporting of suspected abuse of institutionalized elderly to police and that facility employees receive notice of reporting requirement annually; designated as "Peggy's Law."

  

Sponsored by: Rep. Reed Gusciora Substituted By S1219 (2r) on 06/29/2017

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State (New Jersey)
New Jersey 2016-2017 Regular Session

"Holocaust Reparations Tax Exemption Act"; exempts value of certain payments to Holocaust survivors and their eligible descendants from transfer inheritance and estate taxes. [AB-466] [Taxes ] [Human Rights ] [Senior Citizens ]
"Holocaust Reparations Tax Exemption Act"; exempts value of certain payments to Holocaust survivors and their eligible descendants from transfer inheritance and estate taxes.

  

Sponsored by: Rep. Timothy J. Eustace Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Requires State to pay its pension contributions on quarterly basis by August 1, November 1, February 1 and May 1 of each year. [AB-1884] [Pensions ] [Budget and Spending ] [Retirement ]
Requires State to pay its pension contributions on quarterly basis by August 1, November 1, February 1 and May 1 of each year.

  

Sponsored by: Sen. John F. McKeon Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Amends Constitution to require that State tax bills pass both Houses of Legislature by three-fifths majority vote. [ACR-11] [Taxes ] [Budget and Spending ] [Property Tax ] [Elections ]
Amends Constitution to require that State tax bills pass both Houses of Legislature by three-fifths majority vote.

  

Sponsored by: Sen. Parker Space Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Eliminates the New Jersey Transfer Inheritance Tax and repeals parts of chapters 33 through 37 of Title 54 of the Revised Statutes. [AB-1003] [Taxes ] [Property Tax ]
Eliminates the New Jersey Transfer Inheritance Tax and repeals parts of chapters 33 through 37 of Title 54 of the Revised Statutes.

  

Sponsored by: Rep. Brian E. Rumpf Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Amends State Constitution to create surplus revenue funds in the State general fund and the Property Tax Relief Fund and to change the State revenue estimating process. [ACR-59] [Budget and Spending ] [Property Tax ] [Taxes ]
Amends State Constitution to create surplus revenue funds in the State general fund and the Property Tax Relief Fund and to change the State revenue estimating process.

  

Sponsored by: Rep. R. Bruce Land Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Raises the gross income tax rate on taxable income exceeding $1,000,000 to 10.75 percent for a temporary three-year-period and restores the State earned income tax credit to 25 percent of the federal credit. [AB-1992] [Taxes ] [Budget and Spending ] [Poverty ]
Raises the gross income tax rate on taxable income exceeding $1,000,000 to 10.75 percent for a temporary three-year-period and restores the State earned income tax credit to 25 percent of the federal credit.

  

Sponsored by: Rep. Louis D. Greenwald Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Prohibits business expense deductions for punitive damages paid in civil litigation under the corporation business tax and gross income tax. [AB-1755] [Taxes ] [Finance ] [Consumer Protection ]
Prohibits business expense deductions for punitive damages paid in civil litigation under the corporation business tax and gross income tax.

  

Sponsored by: Rep. Louis D. Greenwald Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Requires interpretive statements of State general obligation bond act public questions to include certain fiscal information. [AB-1555] [Budget and Spending ] [Finance ] [Taxes ]
Requires interpretive statements of State general obligation bond act public questions to include certain fiscal information.

  

Sponsored by: Sen. Parker Space Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Establishes annual sales tax holiday for certain sales of personal computers and certain sales of school supplies and equipment during first full weekend of August. [AB-726] [Taxes ] [Education ] [Technology and Innovation ] [Consumer Protection ]
Establishes annual sales tax holiday for certain sales of personal computers and certain sales of school supplies and equipment during first full weekend of August.

  

Sponsored by: Sen. John F. McKeon Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Expands duties of State Auditor to include performance audits at request of legislator; establishes Performance Audit Committee, consisting of eight public members, to help conduct performance audits. [AB-1048] [Budget and Spending ] [Ethics ] [Funding ] [Grants ] [Law Enforcement ] [Public Safety ]
Expands duties of State Auditor to include performance audits at request of legislator; establishes Performance Audit Committee, consisting of eight public members, to help conduct performance audits.

  

Sponsored by: Sen. Jon M. Bramnick Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Establishes the State Debt Capacity Advisory Commission. [AB-1551] [Budget and Spending ] [Finance ]
Establishes the State Debt Capacity Advisory Commission.

  

Sponsored by: Rep. Kevin J. Rooney Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Amends State Constitution to prohibit State from using bonds to balance State budget. [ACR-88] [Budget and Spending ] [Taxes ] [Finance ]
Amends State Constitution to prohibit State from using bonds to balance State budget.

  

Sponsored by: Rep. Erik Peterson Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Increases pension and retirement income exclusions under gross income tax for certain taxpayers. [AB-754] [Retirement ] [Pensions ] [Taxes ]
Increases pension and retirement income exclusions under gross income tax for certain taxpayers.

  

Sponsored by: Rep. Daniel R. Benson Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Reduces gross income tax rates by ten percent over three years. [AB-1062] [Taxes ]
Reduces gross income tax rates by ten percent over three years.

  

Sponsored by: Rep. Sean T. Kean Introduced, Referred To Assembly Budget Committee on 01/27/2016

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State (New Jersey)
New Jersey 2016-2017 Regular Session

Increase gross income tax rate on income exceeding $1,000,000 for taxable years 2011 and 2012 and expands gross income tax exclusion for pensions, annuities and other retirement income for certain taxpayers beginning in 2011. [AB-1494] [Taxes ] [Pensions ] [Retirement ]
Increase gross income tax rate on income exceeding $1,000,000 for taxable years 2011 and 2012 and expands gross income tax exclusion for pensions, annuities and other retirement income for certain taxpayers beginning in 2011.

  

Sponsored by: Sen. John F. McKeon Introduced, Referred To Assembly Budget Committee on 01/27/2016

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