New Jersey 222nd Legislature Status: Introduced Bipartisan · 1 R · 1 D cosponsors

S 4950 — Excludes certain retirement savings plan contributions under gross income tax.

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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

Stalled 26% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • Introduced

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 R · 1 D) — cross-party backing.

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 excludes certain retirement savings plan contributions from gross income tax.

This legislation aims to provide a tax exemption for contributions made to specific retirement savings plans. The details of the bill's provisions are not available.

Summary

Retirement savings plan contributions, certain-exclude under gross income tax

Bill Text

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

Read S 4950 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 finance
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 4950 do?
Retirement savings plan contributions, certain-exclude under gross income tax
Who sponsors S 4950?
S 4950 is sponsored by Bucco, Anthony M. (Republican) and Sarlo, Paul A. (Democrat).
What is the current status of S 4950?
This bill has been introduced in the Senate. It must pass committee before a floor vote.
Where can I track S 4950?
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Last checked for changes 6 days ago · updated continuously

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