Budget & Taxes

Budget & Taxes

Increases minimum annual amounts for appropriation for certain arts, historical heritage, and tourism purposes from hotel and motel occupancy fee revenues.

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Restricts authority to terminate reciprocal personal income tax agreements with other states.

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Allows gross income tax deductions for contributions to the NJBEST program.

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Provides refundable gross income tax credit for early principal payments on certain home mortgages.

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