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A01941 Summary:

BILL NOA01941
 
SAME ASSAME AS S01002
 
SPONSORGalef (MS)
 
COSPNSRPaulin, Cahill, Gunther, Jaffee, Lifton, Rivera, Zebrowski, Schimel, Kolb, Finch, Giglio, McDonough, Mosley, Skartados, Montesano, DiPietro, Graf, Walter, Corwin, Abinanti, Stec
 
MLTSPNSRBarclay, Duprey, Gabryszak, Garbarino, Hawley, Ra, Raia, Saladino, Scarborough, Sepulveda, Sweeney, Thiele
 
Amd S606, Tax L
 
Establishes a personal income tax credit for a portion of a taxpayer's residential real property taxes which exceeds a certain percentage of the taxpayer's household gross income; provides that the taxpayer shall have resided in such residential real property for not less than 5 years; provides that such credit shall not apply to taxpayers who have claimed the real property tax circuit breaker credit during the taxable year.
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