Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2020
Committee Review
Floor Vote
Governor
Introduced Dec 14, 2020
Last action Mar 1, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
1
Feb 24, 2021
Lower · Passed
Reported out of Assembly Committee with Amendments, 2nd Reading
lower
Dec 14, 2020
Introduced
Introduced in the Assembly, Referred to Assembly Appropriations Committee
lower
3 primary · 8 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
DR
Daniel R. Benson
DDemocratic
P
Gordon Johnson
DDemocratic
P
Lou Greenwald
DDemocratic
Co
Brian Bergen
RRepublican
Co
Carol Murphy
DDemocratic
Co
EH
Edward H. Thomson
RRepublican
Co
Robert Karabinchak
DDemocratic
Co
RS
Ronald S. Dancer
RRepublican
Co
SD
Serena DiMaso
DDemocratic
Co
VV
Valerie Vainieri Huttle
DDemocratic
Co
Verlina Reynolds-Jackson
DDemocratic
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