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NJ A10

Bill

Status

Passed

9/29/2020

Primary Sponsor

Craig Coughlin

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Origin

General Assembly

2020-2021 Regular Session

AI Summary

Legislative Description

Increases gross income tax rate from 8.97 percent to 10.75 percent on income between $1,000,000 and $5,000,000, and provides up to $500 tax rebate to eligible taxpayers.

Bills and Joint Resolutions Signed by the Governor

Last Action

Approved P.L.2020, c.94.

9/29/2020

Committee Referrals

Budget9/21/2020

Full Bill Text

No bill text available