Disallows tax deduction under corporation business tax and gross income tax for punitive damages paid in connection with legal action; includes amount paid as punitive damages on behalf of taxpayer in income for tax purposes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
Governor
Introduced Mar 7, 2022
Last action Mar 7, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Mar 7, 2022
General Assembly · Introduced
Introduced in the Assembly, Referred to Assembly Judiciary Committee
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John McKeon
DDemocratic
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