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A01941 Summary:
BILL NO | A01941 |
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SAME AS | SAME AS S01002 |
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SPONSOR | Galef (MS) |
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COSPNSR | Paulin, Cahill, Gunther, Jaffee, Lifton, Rivera, Zebrowski, Schimel, Kolb, Finch, Giglio, McDonough, Mosley, Skartados, Montesano, DiPietro, Graf, Walter, Corwin, Abinanti, Stec |
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MLTSPNSR | Barclay, Duprey, Gabryszak, Garbarino, Hawley, Ra, Raia, Saladino, Scarborough, Sepulveda, Sweeney, Thiele |
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Amd S606, Tax L | |
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Establishes a personal income tax credit for a portion of a taxpayer's residential real property taxes which exceeds a certain percentage of the taxpayer's household gross income; provides that the taxpayer shall have resided in such residential real property for not less than 5 years; provides that such credit shall not apply to taxpayers who have claimed the real property tax circuit breaker credit during the taxable year. |