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NJ S3234

Bill

Status

Passed

5/11/2021

Primary Sponsor

Troy Singleton

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Origin

Senate

2020-2021 Regular Session

AI Summary

Legislative Description

Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax.

Bills and Joint Resolutions Signed by the Governor

Last Action

Approved P.L.2021, c.90.

5/11/2021

Committee Referrals

Appropriations1/29/2021
Budget and Appropriations12/7/2020

Full Bill Text

No bill text available