New Jersey · 2026-2027 Regular Session · Bill

S 4536: Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

In committee Last action June 30, 2026: Substituted by A5322 (1R)

Plain-language summary

S 4536 is a bill introduced in the New Jersey Senate on June 26, 2026. According to its official title, it concerns: Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods. Primary sponsor: Nick Scutari (Democratic). Most recent recorded action (June 30, 2026): Substituted by A5322 (1R).

Sponsors

Primary sponsor: Nick Scutari (Democratic).