Imposes 50 percent tax on gross receipts from operation of private carceral facilities in State; establishes "Immigrant Protection Fund."

Summary

The bill taxes half of the gross receipts that private companies earn from operating carceral facilities in New Jersey. Operators must file an annual return and pay the tax, with penalties for non‑compliance. All tax revenue is placed in a revolving fund that can only be used for immigration‑related services.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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