A 1110 New Jersey General Assembly · 2024-2025 Regular Session

Provides for voluntary contributions by taxpayers to General Fund on gross income tax return.

This bill allows New Jersey taxpayers to voluntarily contribute to the state's General Fund when filing their gross income tax return. Taxpayers would have the option to direct a portion of their tax refund or make an additional contribution to the General Fund through a designation on their tax form. The funds, after deducting administrative costs, would be deposited into the General Fund - the main state fund used for most government operations. This change would apply to taxable years beginning after the bill's enactment.
Sub-Topics: Income Tax
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of John DiMaio
John DiMaio
RRepublican
NJ
23