New Jersey Assembly Bill 2993: Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

New Jersey · 2026-2027 Regular Session

What it does

Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

Latest action

Introduced, Referred to Assembly Commerce and Economic Development Committee (2026-01-13)

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