New Jersey 222nd Legislature Status: Introduced 2 R cosponsors

S 4871 — Provides corporation business and gross income tax credits to certain businesses for qualified purchases from NJ small businesses.

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed General Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill offers tax credits for businesses purchasing from New Jersey small businesses.

This legislation is designed to provide tax credits to certain businesses making qualified purchases from small businesses in New Jersey. The specifics of the requirements and compliance are not detailed since the bill text is not available.

What this means for you
  • Small Business: This means that small businesses in New Jersey may benefit from increased purchases from larger businesses seeking tax credits.

Summary

Businesses, certain-provide certain tax credits for qualified purchases

Bill Text

We don't have the full text on file for this bill yet.

Read S 4871 on the official New Jersey source →

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 118 not signed on

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (118)

118 members have not signed on to this bill.

Show all 118 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 4871 do?
Businesses, certain-provide certain tax credits for qualified purchases
Who sponsors S 4871?
S 4871 is sponsored by Tiver, Latham (Republican) and Amato Jr., Carmen F. (Republican).
What is the current status of S 4871?
This bill has been introduced in the Senate. It must pass committee before a floor vote.
Where can I track S 4871?
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Last checked for changes 6 days ago · updated continuously

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