Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five-year average income under CBT.

AB 5518 Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five year average income under CBT

New Jersey 2024-2025 Regular Session

Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five-year average income under CBT.
AB-5518


About AB-5518

Imposes 30 percent electric public utility windfall surtax on certain taxpayers with allocated taxable net income in excess of 20 percent above five-year average income under CBT.

  

Bill Texts

Introduced 03/25/2025

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History

Introduced, Referred To Assembly Telecommunications And Utilities Committee

03/24/2025