S 3056
Provides for voluntary contributions by taxpayers on gross income tax returns to support NJ SHARES.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill creates a voluntary fund, the ‘NJ SHARES Fund,’ allowing New Jersey taxpayers to contribute a portion of their state income tax refunds or enclosed checks to support NJ SHARES. These contributions will be used to provide temporary financial assistance to New Jersey households struggling to pay their energy bills due to short-term financial crises. The state will deposit these funds into the new fund, and the legislature will annually appropriate the money for distribution to NJ SHARES.
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