S 3234 New Jersey Senate · 2020-2021 Regular Session

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 signed all 5 stages cleared

Introduction

Dec 2020

Committee Review

Feb 2021

Senate Passage

Mar 2021

General Assembly Passage

Mar 2021

Signed into Law

May 2021

Introduced Dec 7, 2020 Signed May 11, 2021

Floor votes · Senate Jan 28, 2021 · General Assembly Mar 1, 2021

How they voted

33–0

Passed · 7 other

Total votes 40

Jan 28, 2021

D Democratic26

23 Yea 3

88% Yea

R Republican14

10 Yea 4

71% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 11, 2021

Signed into law

Approved P.L.2021, c.90.

executive

Mar 25, 2021

Upper · Passed

Passed Senate (Passed Both Houses) (37-0)

upper

Mar 1, 2021

Lower · Passed

Passed Assembly (66-0-2)

lower

Feb 24, 2021

Lower · Passed

Reported out of Assembly Committee with Amendments, 2nd Reading

lower

Jan 29, 2021

Committee

Received in the Assembly, Referred to Assembly Appropriations Committee

lower

Jan 28, 2021

Upper · Passed

Passed Senate (33-0)

upper

Jan 21, 2021

Upper · Passed

Reported out of Senate Committee with Amendments, 2nd Reading

upper

Dec 7, 2020

Introduced

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

upper

6 primary · 12 co-sponsors

Sponsors

Role

Legislator

Party

State

District