2024-2025 Regular SessionNew Jersey Legislature

A4455

Legislative Summary

Allows deduction from New Jersey gross income of certain capital gains from sale or exchange of qualified small business stock held for more than five years.

Demographic Impact

Overall analysis of equity impact

60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

6/3/2024
Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
General Assembly
3/6/2025
Reported out of Asm. Comm. with Amendments, and Referred to Assembly State and Local Government Committee
General Assembly
3/20/2025
Reported out of Asm. Comm. with Amendments, and Referred to Assembly Appropriations Committee
General Assembly

Roll Call Votes

Assembly State and Local Government Committee: Reported with Amendments
3/20/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Assembly Commerce and Economic Development Committee: Reported with Amendments
3/6/2025
11
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Introduced(6/3/2024)
Chamber
General Assembly
Committee
Appropriations(General Assembly)

Documents

Amended
Bill Text3/21/202596.7 KB
Amended
Bill Text3/7/202592.8 KB
Introduced
Bill Text6/4/202444.2 KB
Analysis
Analysis1/1/1970125.4 KB
Analysis
Analysis1/1/1970123.7 KB