NJ S2151

Creates a refundable gross income tax credit equal to 100% of qualified union dues paid by New Jersey taxpayers, effective for taxable years beginning on or after January 1, 2023

Qualified union dues include all dues, fees, assessments, and other required charges paid by union members or public employees represented by a labor organization

Labor organizations covered include any organization where employees participate for purposes of addressing grievances, labor disputes, wages, hours, or working conditions with employers

Taxpayers must provide verification of union dues paid in a form prescribed by the Director of the Division of Taxation to claim the credit

Any credit amount exceeding the taxpayer's tax liability will be refunded as an overpayment after all other credits are applied