Became P.L.2026, c.21, on June 30, 2026.
2026–2027 Session
Assembly Bill 5322
Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the General Assembly
Sponsor from Jun 23
Chief co-sponsor from Jun 30
In the Senate
Sponsor from Jun 30
Its course
June 23 to June 30, 2026, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action7 actions on 3 days
In the General AssemblyJun 23 to Jun 307 days
BudgetJun 23 to Jun 285 days
In the SenateJun 30 to Jun 300 days
With the GovernorJun 30 to Jun 300 days
Votes
Yeas to nays, as the Legislature recorded them. Committee votes are set in.
Budget11–4
Do pass as amended · Jun 28
General Assembly, third reading47–22
Passed · Jun 30
Senate, third reading25–15
Passed · Jun 30
Who voted how
Yea Andrew Zwicker, Angela V. McKnight, Benjie E. Wimberly, Bob Smith, Brian P. Stack, Britnee N. Timberlake, Gordon M. Johnson, James Beach, John F. McKeon, John J. Burzichelli, Joseph A. Lagana, Joseph F. Vitale, Joseph P. Cryan, Linda R. Greenstein, M. Teresa Ruiz, Nicholas P. Scutari, Nilsa I. Cruz-Perez, Patrick J. Diegnan Jr., Paul A. Sarlo, Paul D. Moriarty, Raj Mukherji, Renee C. Burgess, Shirley K. Turner, Troy Singleton, Vin Gopal
Nay Anthony M. Bucco, Carmen F. Amato Jr., Declan J. O'Scanlon Jr., Douglas J. Steinhardt, Holly T. Schepisi, James W. Holzapfel, Jon M. Bramnick, Joseph Pennacchio, Kristin M. Corrado, Latham Tiver, Michael L. Testa Jr., Owen Henry, Parker Space, Robert W. Singer, Vincent J. Polistina
Amendments
Each amendment offered, and what became of it.
General Assembly committee amendmentAdopted
Adopted Jun 28
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the General Assembly Jun 23 – Jun 30
- Jun 23Introduced in the General Assembly and sent to Budget
- Jun 28Budget recommended it as amended
- Read a second time
- Jun 30Passed the General Assembly, 47 to 22
In the Senate Jun 30
- Jun 30Arrived in the Senate
- Read a second time
- Passed the Senate, 25 to 15, and so both houses
To the Governor Jun 30
- Jun 30Signed by the Governor
- Became P.L.2026, c.21