Bill Designed to Improve Charitable Giving Clear Assembly Committee
By Matt Rooney | The Save Jersey Blog
We talk so much about what’s wrong with Trenton that it’s sometime easy to forget that there are a few people fighting for worthwhile ideas. Occasionally.
Well, a solid bill got out of the Assembly Appropriations Committee on Monday, Save Jerseyans. So let’s acknowledge it.
Our friend Asm. Jay Webber’s new legislation (A-3860) “would establish that a contribution from an out-of-state resident to a New Jersey-based charitable organization cannot be used as a factor for determining whether that individual is subject to the State income tax” according to an Assembly GOP release. Hence, if this bill makes it through the legislature and past Chris Christie’s desk, the New Jersey Division of Taxation will cease considering an individual’s charitable contributions in determining his or her domicile for taxation purpose.
Private charity. Fiscal sanity. Perfect together.
Take note liberals…