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State Government / New Jersey / Legislation / A 5322

A 5322Session 222HousePassed a vote

Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

No separate bill overview is currently available from the source.

Latest development · Jun 30, 2026

Approved P.L.2026, c.21.

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Source record ↗
Session
222
Introduced
Jun 23, 2026
Latest passage
Jun 30, 2026
TopicsSponsorsActionsRelated billsDiscussion

Topics and classification

Civixly topics

Budget & TaxesBusiness & Economy

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorBrennan, Katie
Primary sponsorScutari, Nicholas P.
Primary sponsorVerrelli, Anthony S.

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline7 actions⌄
  1. Jun 30, 2026

    Approved P.L.2026, c.21.

    Assembly
  2. Jun 30, 2026

    Passed Senate (Passed Both Houses) (25-15)

    PassageSenate
  3. Jun 30, 2026

    Substituted for S4536 (1R)

    Assembly
  4. Jun 30, 2026

    Received in the Senate without Reference, 2nd Reading

    Reading 2Senate
  5. Jun 30, 2026

    Passed by the Assembly (47-22-0)

    Assembly
  6. Jun 28, 2026

    Reported out of Assembly Comm. with Amendments, 2nd Reading

    Reading 2Assembly
  7. Jun 23, 2026

    Introduced, Referred to Assembly Budget Committee

    IntroductionReferral CommitteeAssembly

Related New Jersey legislation

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S 2981Updated Oct 5, 2026

Establishes certain requirements and initiatives related to nurses; appropriates funds.

Budget & Taxes
A 5580Updated Oct 5, 2026

Expands duty of Commission on Human Trafficking to include studying connection between human trafficking and illicit massage parlor businesses.

Business & Economy
S 4127Updated Oct 5, 2026

Establishes New Jersey Student Emergency Aid Program in Office of Secretary of Higher Education; appropriates $1.5 million.*

Budget & Taxes
S 4667Updated Oct 5, 2026

Excludes from gross income tax certain student loan matching contributions made by employers to certain defined contribution plans.

Budget & Taxes
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State legislative data provided by Open States and linked legislature sources when available.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Aug 14, 2026.