New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S88

Introduced
1/9/24  
Introduced
1/13/26  
Refer
1/9/24  

Caption

Provides tax credit under corporation business tax and gross income tax for certain costs incurred in purchase and installation of certain environmentally responsible business equipment.

Impact

If enacted, this legislation will modify the existing regulations around beach access fees, allowing municipalities the option to waive or reduce costs for a new class of beneficiaries—veterans' families. This legislative change could enhance community support for veterans and their families, fostering a culture of appreciation and accessibility within local public spaces. Municipalities would have the authority to create ordinances to implement these provisions, potentially leading to a standardized approach across different locales on the New Jersey coastline.

Summary

Senate Bill S88 proposes to amend New Jersey law to allow shore municipalities to provide free or reduced cost access to beaches for the spouse and dependent children of veterans who meet specific service criteria. This initiative is aimed at recognizing the sacrifices made by veterans and providing tangible benefits to their families. Currently, such benefits are limited to those in active military service. The bill seeks to expand these privileges to include spouses and dependents of veterans discharged under conditions other than dishonorable, specifically those with active duty service of at least 90 days or those discharged due to injury or disability incurred in service.

Contention

While the bill has been generally well-received, it may face some scrutiny regarding the financial implications of waiving fees, particularly how municipalities will balance budget constraints with the obligation to support veterans' families. Additionally, ensuring proper identification and verification processes for applicants claiming these benefits could raise administrative concerns. Critics may argue about the potential for inconsistencies in implementation across municipalities, leading to disparities in access based on local resources.

Companion Bills

NJ S1947

Carry Over Provides tax credit under corporation business tax and gross income tax for certain costs incurred in purchase and installation of certain environmentally responsible business equipment.

NJ A1055

Carry Over Concerns application of residential rental property inspection findings in rental assistance determinations and eviction actions.

NJ S473

Carry Over Requires DOC to notify inmates of outstanding motor vehicle fines or penalties and permits inmate to enter into payment plan upon release from incarceration.

Previously Filed As

NJ A1039

Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.

NJ S1667

Provides corporation business tax credits and gross income tax credits to businesses employing and retaining certain neurodiverse individuals.

NJ A3075

Provides corporation business tax credits and gross income tax credits to businesses employing and retaining certain neurodiverse individuals.

NJ A1757

Provides corporation business tax and gross income tax credits for businesses that employ formerly incarcerated individuals.

NJ S571

Provides credits under corporation business tax and gross income tax for qualified wages of certain disabled veterans.

NJ A3631

Provides credits under corporation business tax and gross income tax for qualified wages of certain disabled veterans.

NJ A3933

Provides corporation business tax credits and gross income tax credits for purchase of certain hydrogen fuel cell vehicles.

NJ A3565

Provides corporation business tax credits and gross income tax credits for purchase of certain compressed natural gas vehicles.

NJ S444

Provides corporation business tax credits and gross income tax credits for purchase of certain hydrogen fuel cell vehicles.

NJ A1274

Allows exclusion of certain small business income from taxation under gross income tax and corporation business tax.

Similar Bills

No similar bills found.