A 5218 New Jersey General Assembly · 2020-2021 Regular Session

Allows certain taxpayers to accelerate depreciation of certain expenditures under corporation business and gross income taxes.*

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2021

Committee Review

Dec 2021

General Assembly Passage

May 2021

Senate Passage

Dec 2021

Governor

Introduced Jan 7, 2021 Last action Dec 20, 2021

Floor votes · Senate Dec 20, 2021 · General Assembly May 20, 2021

How they voted

37–0

Passed · 1 other

Total votes 38

Dec 20, 2021

D Democratic26

26 Yea

100% Yea

R Republican12

11 Yea 1

91% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Dec 20, 2021

Upper · Passed

Passed Senate (Passed Both Houses) (39-0)

upper

Dec 6, 2021

Upper · Passed

Reported out of Senate Committee, 2nd Reading

upper

Jun 1, 2021

Committee

Received in the Senate, Referred to Senate Budget and Appropriations Committee

upper

May 20, 2021

Lower · Passed

Passed Assembly (75-0-1)

lower

May 18, 2021

Lower · Passed

Reported out of Assembly Committee with Amendments, 2nd Reading

lower

Mar 8, 2021

Committee

Reported out of Assembly Committee with Amendments and Referred to Assembly Appropriations Committee

lower

Jan 7, 2021

Introduced

Introduced in the Assembly, Referred to Assembly Commerce and Economic Development Committee

lower

5 primary · 14 co-sponsors

Sponsors

Role

Legislator

Party

State

District