New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S3513

Introduced

6/26/24

Refer

6/26/24

Report Pass

6/26/24

Imposes 2.5 percent corporate transit fee on taxpayers with allocated taxable net income in excess of $10 million under CBT.

Same As Imposes 2.5 percent corporate transit fee on taxpayers with allocated taxable net income in excess of $10 million under CBT.

Driving privilege: minors.

Gradually reduces CBT rate.

Gradually reduces CBT rate.

Electricity: direct transactions.

Reduces CBT rate; retroactive to January 1, 2020.

Reduces CBT rate; retroactive to January 1, 2020.

Alcoholic beverage sales: beer manufacturers: licensed premises.

Eliminates $375 minimum Corporation Business Tax on New Jersey S corporations with New Jersey gross receipts of less than $100,000.