Loading chat...

NJ A2699

Bill

Status

Introduced

2/1/2018

Primary Sponsor

John McKeon

Click for details

Origin

General Assembly

2018-2019 Regular Session

AI Summary

Legislative Description

Disallows tax deduction under corporation business tax and gross income tax for punitive damages paid in connection with legal action; includes amount paid as punitive damages on behalf of taxpayer in income for tax purposes.

Budget

Last Action

Introduced, Referred to Assembly Budget Committee

2/1/2018

Committee Referrals

Budget2/1/2018

Full Bill Text

No bill text available