New Jersey Assembly Bill A2068

New Jersey 2022-2023 Regular Session

• Introduced: 2/7/22
• Refer: 2/7/22

Caption

Grants gross income tax deduction to mental health care professionals providing services in the State.

Impact

The implementation of A2068 is expected to have a significant impact on state laws regarding income tax deductions. By modifying the existing tax code, the bill could lead to an increase in the number of licensed mental health care providers in New Jersey. The sponsors believe this will not only improve access to mental health services for residents but also address the ongoing shortage of mental health professionals in the state, which has been exacerbated in recent years.

Summary

Assembly Bill A2068 aims to grant a gross income tax deduction of $1,000 for mental health care professionals who provide services in New Jersey. This bill is part of a broader initiative to enhance the state’s mental health workforce by making it financially more feasible for individuals to enter the field. The deduction would apply to those licensed or certified to administer mental health care, thereby incentivizing professionals to either start their practice or continue providing services in the state.

Contention

While supporters argue that A2068 will bolster the mental health profession and improve care availability, there may be concerns cited by fiscal conservatives regarding the financial implications of tax deductions on the state budget. Additionally, questions may be raised about the effectiveness of such a financial incentive in truly addressing the systemic issues within the mental health care system, including retention rates and service quality.