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

It became law on Jun 30, 2026.

NJ A 5322 · A · 222

Stage
Became law
Sponsors
Latest action
Jun 30, 2026

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 30, 2026

This bill passed and is now law.

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What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in New Jersey. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods. | 52