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A 5322 · New Jersey · 222 · Billy

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A 5322

New Jersey · 222 session · house

A 5322Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

Status: Passed chamber
Latest action: 2026-06-30 — Approved P.L.2026, c.21.
Primary sponsor: Verrelli, Anthony S. (Democratic)

Bills and Joint Resolutions Signed by the Governor

Track this bill View changes+20 / −90 words · Large

Sponsors

Verrelli, Anthony S. (Democratic) · primaryprimary
Brennan, Katie (Democratic) · primaryprimary

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SPScutari, Nicholas P. (Democratic) · primaryprimary

Versions

IntroducedJun 23, 2026
Statement—
Reprint—
Fiscal Note—
Advance Law—
Pamphlet Law—

Legislative history

Jun 30, 2026
Substituted for S4536 (1R)
Jun 30, 2026
Passed by the Assembly (47-22-0)
Jun 30, 2026
Passed Senate (Passed Both Houses) (25-15)
Jun 30, 2026
Approved P.L.2026, c.21.
Jun 30, 2026
Received in the Senate without Reference, 2nd Reading
Jun 28, 2026
Reported out of Assembly Comm. with Amendments, 2nd Reading
Jun 23, 2026
Introduced, Referred to Assembly Budget Committee

Official sources

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Version 1PDF HTML
Version 2PDF HTML
Version 3PDF HTML
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Version 5PDF HTML

About this page

Is this the official New Jersey bill page?: No — this is Billy’s public legislative record for A 5322. Official source links are listed above when publishers provide them.
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