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.
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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
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
John DiMaio
RRepublican
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