New Jersey S 2370: Authorizes operation of lottery courier services.

Status: Approved P.L.2017, c.11. (as of 2017-02-06)

State: New Jersey · Session: 217 · Bill: S 2370

Subjects: LOTTERIES

Sponsors: Burzichelli, John J., Whelan, Jim

Bill Text

S2370 

SENATE, No. 2370 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Senator ANTHONY M. BUCCO

District 25 (Morris and Passaic)

Co-Sponsored by:

Senators Sarlo, Holzapfel, Testa, Singleton, Space, Corrado 
and Amato

SYNOPSIS

���� Indexes for inflation taxable income brackets under 
New Jersey gross income tax.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

��

An Act indexing for inflation the taxable income brackets 
under the New Jersey gross income tax, amending N.J.S.54A:2-1.

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� N.J.S.54A:2-1 is amended 
to read as follows:

���� 54A:2-1.���� Imposition of 
tax.� There is hereby imposed a tax for each taxable year (which shall be the 
same as the taxable year for federal income tax purposes) on the New Jersey 
gross income as herein defined of every individual, estate or trust (other than 
a charitable trust or a trust forming part of a pension or profit-sharing 
plan), subject to the deductions, limitations and modifications hereinafter 
provided, determined in accordance with the following tables with respect to 
taxpayers' taxable income:

���� a.���� For married individuals 
filing a joint return and individuals filing as head of household or as 
surviving spouse for federal income tax purposes:

���� (1)�� for taxable years 
beginning on or after January 1, 1991 but before January 
 1, 1994:

If the taxable income is:��������� 
The tax is:

Not over $20,000.00..........���� 
2% of taxable income

Over $20,000.00 but not

�� over $50,000.00.............���� 
$400.00 plus 2.5% of the

������������������������������������������������ 
excess over $20,000.00

Over $50,000.00 but not

�� over $70,000.00..............��� 
$1,150.00 plus 3.5% of the

������������������������������������������������ 
excess over $50,000.00

Over $70,000.00 but not

�� over $80,000.00..............��� 
$1,850.00 plus 5.0% of the

������������������������������������������������ 
excess over $70,000.00

Over $80,000.00 but not

�� over $150,000.00.............��� 
$2,350.00 plus 6.5% of the

������������������������������������������������� 
excess over $80,000.00

Over $150,000.00...............��� 
$6,900.00 plus 7.0% of the

�������������������������������������������������� 
excess over $150,000.00

���� (2)�� for taxable years 
beginning on or after January 1, 1994 but before January 1, 1995: 

If the taxable income is:��������� 
The tax is: 

Not over $20,000.00..............� 
1.900% of taxable income

Over $20,000.00 but not

�� over $50,000.00................� 
$380.00 plus 2.375% of the

������������������������������������������������ 
excess over $20,000.00

Over $50,000.00 but not

�� over $70,000.00..............��� 
$1,092.50 plus 3.325% of the

������������������������������������������������ 
excess over $50,000.00

Over $70,000.00 but not

�� over $80,000.00..............��� 
$1,757.50 plus 4.750% of the

������������������������������������������������ 
excess over $70,000.00

Over $80,000.00 but not

�� over $150,000.00.............��� 
$2,232.50 plus 6.175% of the

������������������������������������������������� 
excess over $80,000.00

Over $150,000.00 .............���� 
$6,555.00 plus 6.650% of the

������������������������������������������������� 
excess over $150,000.00

���� (3)�� for taxable years 
beginning on or after January 1, 1995 but before January 
 1, 1996:� 

If the taxable income is:��������� 
The tax is:

Not over $20,000.00.............�� 
1.700% of taxable income

Over $20,000.00 but not

�� over $50,000.00................� 
$340.00 plus 2.125% of the

������������������������������������������������ 
excess over $20,000.00

Over $50,000.00 but not

�� over $70,000.00..............��� 
$977.50 plus 2.975% of the

������������������������������������������������ 
excess over $50,000.00

Over $70,000.00 but not

�� over $80,000.00..............��� 
$1,572.50 plus 4.250% of the

������������������������������������������������ 
excess over $70,000.00

Over $80,000.00 but not

�� over $150,000.00.............��� 
$1,997.50 plus 6.013% of the

������������������������������������������������� 
excess over $80,000.00

Over $150,000.00 .............���� $6,206.60 plus 6.580% of the

������������������������������������������������� 
excess over $150,000.00 

���� (4)�� for taxable years 
beginning on or after January 1, 1996 but before January 
 1, 2004:

If the taxable income is:��������� 
The tax is:

Not over $20,000.00............��� 
1.400% of taxable income

Over $20,000.00 but not

�� over $50,000.00................� 
$280.00 plus 1.750% of the

������������������������������������������������ 
excess over $20,000.00

Over $50,000.00 but not

�� over $70,000.00..............��� 
$805.00 plus 2.450% of the

������������������������������������������������ 
excess over $50,000.0

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