New Jersey Lawmakers Send Governor Bill To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround
New Jersey lawmakers sent the governor legislation on Monday that would allow licensed marijuana businesses to deduct certain expenses on their state tax returns, a partial remedy as the industry continues to be blocked from making federal deductions under Internal Revenue Service (IRS) code known as 280E.
Singleton, Turner Bill to Assist Cannabis Businesses Passes Senate
Trenton – In an effort to support the growth of cannabis businesses, the Senate today advanced legislation sponsored by Senator Troy Singleton and Senator Shirley K. Turner which would exclude the corporate business tax and the S corporation income under the gross income tax from the federal income tax provision that prohibits deductions and credits for cannabis businesses.
Singleton Bill to Expand Pathways to Teaching Clears Senate
Trenton – In an effort to broaden the educator workforce, the Senate today advanced legislation sponsored by Senator Troy Singleton which would create a pathway to teaching for veterans in the state.
Cruz-Perez, Beach, Singleton Bill to Establish Penalties for “Boom Cars” Advances
Trenton – Legislation sponsored by Senators Nilsa Cruz-Perez, James Beach, and Troy Singleton to establish penalties for nuisance motor vehicles, commonly referred to as boom cars, cleared the Senate Law and Public Safety Committee today.
Supporting Diverse Opportunities For All New Jerseyans
This month, we have celebrated Black History Month to recognize past accomplishments of African Americans with an eye to the future. However, our goal for a more fair, equitable and all-encompassing society is to broaden the goal to all marginalized minorities or groups that society has ignored or closed out.
Singleton, Gopal Bill to Ban Declawing of Cats Clears Committee
Trenton – In an effort to further protect all animals, the Senate Economic Growth Committee today advanced legislation sponsored by Senators Troy Singleton and Vin Gopal, which would prohibit surgically declawing cats and other animals.