S4536Introduced in the Senate
Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.
Introduced by Nicholas Scutari, District 22
What does this bill do?
Plain-English breakdown
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Official description
Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.
Where it stands
Substituted by A5322 (1R)
June 30, 2026
How did lawmakers vote?
SenateStage: Senate Budget and Appropriations Committee: Reported with Amendments · June 28, 2026
9
Yes
4
No
0
Absent or Not Voting
13 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Michael Testa | 1 | No |
| John Burzichelli | 3 | Yes |
| Nilsa Cruz-Perez | 5 | Yes |
| Carmen Amato | 9 | No |
| Declan O'Scanlon | 13 | No |
| Linda Greenstein | 14 | Yes |
| Andrew Zwicker | 16 | Yes |
| Patrick Diegnan | 18 | Yes |
| Douglas Steinhardt | 23 | No |
| Renee Burgess | 28 | Yes |
Bill history
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Reported from Senate Committee with Amendments, 2nd Reading
Substituted by A5322 (1R)
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