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A2993Introduced in the General Assembly

Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

IntroducedAssembly Commerce and Economic Development

Introduced by Erik Peterson, District 23

What does this bill do?

Plain-English breakdown

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Official description

Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

Where it stands

Introduced, Referred to Assembly Commerce and Economic Development Committee

January 13, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced, Referred to Assembly Commerce and Economic Development Committee

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