New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A3235

Introduced
1/9/24  

Caption

Allows gross income tax deduction for donations made to animal shelters.

Impact

If enacted, A3235 would modify the state's tax code, introducing a new category of deductions specifically for charitable donations targeting animal shelters. This could have significant implications for tax revenues, as it may encourage more residents to contribute financially to these shelters. By accommodating such deductions, the bill aims to improve the welfare of domestic animal populations and reduce the strain on local municipal resources dedicated to animal control and care.

Summary

Assembly Bill A3235 aims to enhance charitable support for animal shelters in New Jersey by allowing taxpayers to deduct contributions made to these organizations from their gross income. Specifically, the bill proposes a deduction of up to $1,500 for donations made to licensed animal shelters within the state. This initiative is expected to incentivize residents to support these shelters, which play a critical role in the care and management of abandoned or lost domestic animals.

Contention

Debates surrounding A3235 could arise regarding the financial implications of offering such tax incentives. Supporters highlight the moral obligation and community benefits of supporting animal shelters, particularly as they address issues like animal abandonment and safety. Opponents might argue against the potential loss of state revenue from tax deductions, questioning whether the financial benefits provided to animal shelters justify the costs to the state budget. Furthermore, there might be concerns regarding the legislative prioritization of pet welfare over other pressing social issues.

Companion Bills

NJ A4830

Carry Over Allows gross income tax deduction for donations made to animal shelters.

NJ S3450

Carry Over Allows gross income tax deduction for charitable contributions made to animal shelters.

Previously Filed As

NJ A3808

Allows gross income tax deduction for charitable contributions made to animal shelters.

NJ S1886

Allows gross income tax deduction for charitable contributions made to animal shelters.

NJ A4871

Allows gross income tax deduction for charitable contributions made to nonprofit entities supported by State funds or subsides.

NJ A2971

Allows gross income tax deduction for 50% of contributions of $100 or more to domestic violence shelters.

NJ A4773

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations during public health emergency.

NJ A3163

Allows gross income tax deduction for charitable contributions to certain New Jersey-based charitable organizations.

NJ A3190

Allows NJ gross income tax deduction for charitable contributions of food made from business inventory.

NJ S2256

Allows gross income tax deduction for donations of menstrual products to certain New Jersey-based charitable organizations.

NJ A388

Provides gross income tax deduction for expenses incurred by disabled veterans for service animals.

NJ A4864

Allows gross income taxpayers to claim deduction for certain losses for which federal theft loss deduction is allowed.

Similar Bills

No similar bills found.