New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S639

Introduced
1/9/24  

Caption

Allows gross income tax deduction for charitable contributions made to animal shelters.

Impact

The introduction of S639 could significantly enhance the financial sustainability of animal shelters across New Jersey by encouraging more public donations. By providing a tax deduction, the bill seeks to lighten the financial burden on supporters of these shelters, thereby potentially increasing the resources available for animal care and rehabilitation. The targeted focus on animal shelters aligns with broader efforts to improve animal welfare and manage pet overpopulation in the state.

Summary

Senate Bill S639, sponsored by Senator Latham Tiver, proposes a tax incentive for individuals contributing to animal shelters in New Jersey. Specifically, the bill allows taxpayers to deduct up to $1,500 from their gross income tax for contributions made to licensed animal shelters. This initiative aims to encourage charitable giving towards establishments that provide care and housing for domestic companion animals that are abandoned, lost, or in need of temporary assistance until they can find permanent homes or be euthanized.

Contention

While the bill's intent is to promote charitable giving within the community, potential points of contention may arise regarding the effectiveness of tax incentives in generating substantial public contributions. Critics might argue that such a deduction benefits primarily those who can afford to donate and does not adequately address wider systemic issues surrounding animal welfare funding. Additionally, there may be concerns regarding the administrative burden on shelters to confirm eligibility for contributions that would qualify for the tax deduction, which could complicate the implementation of the bill.

Companion Bills

NJ A4830

Carry Over Allows gross income tax deduction for donations made to animal shelters.

NJ S3450

Carry Over Allows gross income tax deduction for charitable contributions made to animal shelters.

Previously Filed As

NJ S3450

Allows gross income tax deduction for charitable contributions made to animal shelters.

NJ A4830

Allows gross income tax deduction for donations made to animal shelters.

NJ A3235

Allows gross income tax deduction for donations made to animal shelters.

NJ S2013

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.

NJ A5598

Allows CBT and gross income tax deductions for certain charitable contributions of food made from business inventory.

NJ A4204

Allows gross income tax deduction for charitable contributions to certain State-based charitable organizations.

NJ A2532

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.

NJ A1032

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.

NJ A2633

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.

NJ S779

Allows NJ gross income tax deduction for charitable contributions of food made from business inventory.

Similar Bills

No similar bills found.