Provides CBT and GIT tax credits to certain food and drink establishments for purchase of certain local ingredients and products.
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates tax credits for certain food and drink establishments in New Jersey, including restaurants, bars, breweries, and wineries, to encourage the purchase of local ingredients and products. Specifically, restaurants and bars can receive a credit equal to 10% of their costs for wine or beer produced in New Jersey, while breweries and wineries can receive a credit for purchasing commodities from Jersey Fresh Quality Grading Program licensees. Qualifying food establishments can receive a credit for eligible ingredients used in food preparation. These credits are designed to support local agriculture and food production within the state.
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.
1 on record
Primary sponsor
Michael Testa
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