Consolidates all categories of gross income for cross-claiming of net losses and allows 20 year loss carryforward under New Jersey gross income tax; repeals alternate business income calculation.
Sponsored By: Jay Webber (Republican)
Introduced
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jay Webber
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Introduced, 1st Reading in Assembly, Referred to Assembly Commerce and Economic Development Committee
1/13/2026House
Bill Text
As Introduced
1/7/2026
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