New Jersey Senate Bill S2378

New Jersey 2024-2025 Regular Session

• Introduced: 1/29/24
• Refer: 1/29/24
• Report Pass: 6/20/24
• Refer: 6/20/24

Caption

Provides gross income tax deduction to eligible educators and paraprofessionals for expense of classroom supplies.

Impact

If enacted, this bill would provide significant support to educators and paraprofessionals, recognizing their out-of-pocket expenditures for essential classroom resources. By allowing a tax deduction, the legislation seeks to alleviate some financial burdens faced by these individuals, who often invest their own money into classroom supplies. This bill could lead to improved classroom experiences, as educators may be more inclined to purchase educational materials necessary for student engagement and success.

Summary

Senate Bill 2378 proposes a gross income tax deduction for eligible educators and paraprofessionals in New Jersey, aimed at providing financial relief for classroom supply expenses. The bill allows a deduction of up to $250 for unreimbursed expenses incurred for classroom supplies during the taxable year. Eligible educators include teachers, counselors, and school principals who work at least 900 hours in a school year, while paraprofessionals are defined as classroom aides assisting teaching staff. This initiative aligns New Jersey's tax provisions with federal deductions established in the Internal Revenue Code for educator expenses.

Contention

Notable points of contention surrounding SB 2378 may arise from debates on budget allocations and impacts on state revenue. While proponents advocate for the necessity of supporting educators financially, critics may raise concerns about the implications for the state's overall fiscal health. Additionally, there may be discussions regarding the definition of 'classroom supplies' and the extent to which certain items could be included under this deduction, which could lead to differing interpretations and enforcement issues.