S 4871·NJ·senate
Provides corporation business and gross income tax credits to certain businesses for qualified purchases from NJ small businesses.
Introduced
Sponsor: Tiver, Latham (R)
Summary
The bill would give corporation business tax and gross income tax credits to qualifying businesses that make purchases from New Jersey small businesses. It aims to encourage larger firms to buy locally, boosting small‑business sales. The measure affects both the purchasing corporations and the small businesses they buy from.
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