Provides gross income tax credit for donations to eligible schools to assist in funding of student meals, medical supplies, and playground equipment.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a gross income tax credit for donations made to eligible schools in New Jersey. The credit is equal to 10% of the donation's value, up to a maximum of $500 per year. Donations must be made to public or nonpublic elementary or secondary schools and used for student meals, medical supplies, or playground equipment. Donors must receive a written statement from the school verifying the donation.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours