A 5322 New Jersey 222 session
Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.
Status
- Introduced
- Committee
- Floor vote
- Passed
- Enacted
Passed one chamber — last recorded action June 30, 2026
Approved P.L.2026, c.21.
Passage likelihood
95% Higher than most bills at this stage
This is an estimate, not a guarantee. It is computed from the signals listed below and nothing else. It does not account for leadership priorities, floor scheduling, or negotiations that are not in the public record.
What the estimate is based on
- Historical base rate About 20% of introduced state bills are enacted.
- Current stage Passed one chamber.
- Cosponsors 2 cosponsors.
State-level impact
State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.
Official actions
- Approved P.L.2026, c.21.
- Passed Senate (Passed Both Houses) (25-15)
- Substituted for S4536 (1R)
- Received in the Senate without Reference, 2nd Reading
- Passed by the Assembly (47-22-0)
- Reported out of Assembly Comm. with Amendments, 2nd Reading
- Introduced, Referred to Assembly Budget Committee