Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 5 Compare versions History 7 Sponsors

Jun 30, 2026 · Assembly

Passed by the Assembly (47-22-0)

Jun 30, 2026 · Senate

Received in the Senate without Reference, 2nd Reading

Jun 30, 2026 · Assembly

Substituted for S4536 (1R)

Jun 30, 2026 · Senate

Passed Senate (Passed Both Houses) (25-15)

Jun 30, 2026 · Assembly

Approved P.L.2026, c.21.

Jun 28, 2026 · Assembly

Reported out of Assembly Comm. with Amendments, 2nd Reading

Jun 23, 2026 · Assembly

Introduced, Referred to Assembly Budget Committee

PASSAGE PROBABILITY

28.5% Uncertain

Why this number

Stage base Passed First Chamber — base rate 40%, measured from NJ's completed sessions
Momentum +2 57/100 from the pace of recorded action
Time since last action -13 102 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.