# New Jersey A197: Provides gross income tax deduction for amounts paid to taxpayers for sale of certain real property interests for conservation purposes.

New Jersey A197, Provides gross income tax deduction for amounts paid to taxpayers for sale of certain real property interests for conservation purposes., is a 220th Legislature (2024-2025) House bill sponsored by Dawn Fantasia (Republican), Michael Inganamort (Republican), James J. Kennedy (Democratic); status failed, last action 2024-01-09 (Introduced, 1st Reading in Assembly, Referred to Assembly Appropriations Committee) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/NJ-A197-2024-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey A197
- State: New Jersey
- Session: 220th Legislature (2024-2025)
- Title: Provides gross income tax deduction for amounts paid to taxpayers for sale of certain real property interests for conservation purposes.
- Status: failed
- Chamber: House
- Introduced: 2024-01-09
- Last action: 2024-01-09, Introduced, 1st Reading in Assembly, Referred to Assembly Appropriations Committee
- Sponsors: Dawn Fantasia (Republican), Michael Inganamort (Republican), James J. Kennedy (Democratic)
- Cosponsors: 13
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Dawn Fantasia (Republican), House
- Sponsor: Michael Inganamort (Republican), House
- Sponsor: James J. Kennedy (Democratic), House
- Cosponsor: Rosaura Bagolie (Democratic), House
- Cosponsor: Barranco, Christian E.
- Cosponsor: Alixon Collazos-Gill (Democratic), House
- Cosponsor: Christopher P. DePhillips (Republican), House
- Cosponsor: Margie Donlon M.D. (Democratic), House
- Cosponsor: Paul Kanitra (Republican), House
- Cosponsor: Matsikoudis, Michele
- Cosponsor: Antwan L. McClellan (Republican), House
- Cosponsor: Gregory E. Myhre (Republican), House
- Cosponsor: Luanne M. Peterpaul Esq. (Democratic), House
- Cosponsor: Erik Peterson (Republican), House
- Cosponsor: Alex Sauickie (Republican), House
- Cosponsor: Torrissi, Michael

## Actions (1)

- 2024-01-09: Introduced, 1st Reading in Assembly, Referred to Assembly Appropriations Committee (House)

## Bill text

- As Introduced, 2025-06-13: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A0500/197_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A0500/197_I1.PDF)

## Related bills

- S4928: Requires payment of prevailing wage for certain data center construction. (signed)
- S4925: Expands provisions of P.L.2022, c.9 under certain circumstances. (signed)
- S4847: Makes various changes to membership on Cannabis Regulatory Commission and to legalized medical and personal use cannabis marketplace. (signed)
- S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act." (signed)
- S4678: Includes retired teachers and county college faculty members in science, technology, engineering, and mathematics teacher grant program.* (signed)
- S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation program with remaining funds for unmet recovery and rebuilding needs for Supers… (signed)

## Sources
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A0500/197_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A0500/197_I1.PDF)

## Related
- [S4928: Requires payment of prevailing wage for certain data center construction.](https://policyrisk.com/state-bill/NJ-S4928-2024-2025)
- [S4925: Expands provisions of P.L.2022, c.9 under certain circumstances.](https://policyrisk.com/state-bill/NJ-S4925-2024-2025)
- [S4847: Makes various changes to membership on Cannabis Regulatory Commission and to le…](https://policyrisk.com/state-bill/NJ-S4847-2024-2025)
- [S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act."](https://policyrisk.com/state-bill/NJ-S4858-2024-2025)
- [S4678: Includes retired teachers and county college faculty members in science, techno…](https://policyrisk.com/state-bill/NJ-S4678-2024-2025)
- [S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation…](https://policyrisk.com/state-bill/NJ-S4812-2024-2025)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-A197-2024-2025 (as of 2026-10-17).