New Jersey · 2026-2027 Regular Session · Bill

A 2993: Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Commerce and Economic Development Committee

Plain-language summary

A 2993 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability. Primary sponsor: Erik Peterson (Republican). Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Commerce and Economic Development Committee.

Sponsors

Primary sponsor: Erik Peterson (Republican).