Bill
A 4629
Allows exclusion of certain small business income from taxation under gross income tax and corporation business tax.
2024-2025 Regular Session
Introduced by John Azzariti and 8 co-sponsors
New Jersey bill excludes certain small business income from state gross income and corporation taxes, reducing state revenue while potentially stimulating small business growth.
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee