NJ A4478

Creates a New Jersey gross income tax deduction for health club membership fees, initiation fees, and personal training services paid out-of-pocket by taxpayers

Caps the annual deduction at $5,000 for married couples filing jointly, heads of household, and surviving spouses, or $2,500 for single filers and married individuals filing separately

Excludes from eligible expenses ancillary services such as spa treatments, child care, towel/locker rentals, guest passes, food, beverages, and contract violation penalties

Disallows the deduction for any health club expenses reimbursed or paid by an employer

Takes effect for taxable years beginning on or after January 1 following enactment