Bill
S 4393
Excludes certain retirement savings plan contributions, withdrawals, and rollovers from gross income tax.
2024-2025 Regular Session
Introduced by Tony Bucco and 1 co-sponsor
New Jersey bill excludes qualified retirement plan contributions and withdrawals from state income tax, reducing state revenue while providing tax relief primarily to higher-income savers.
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee