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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Nick Scutari | Primary sponsor | Democratic | Senate | 22 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Substituted by A5322 (1R)
- Reported from Senate Committee with Amendments, 2nd Reading
- Introduced in the Senate, Referred to Senate Budget and Appropriations Committee