---
type: "Bill"
title: "Concerns certain unused portions of tax credits issued to insurance premiums taxpayers under the Business Employment Incentive Program; exempts certain purchasers of business development incentives from certain State tax notification requirements.*"
description: "Concerns certain unused portions of tax credits issued to insurance premiums taxpayers under the Business Employment Incentive Program; exempts certain purchasers of business development incentives from certain State tax notification requirements.*"
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "217"
identifier: "S 2477"
citation: "New Jersey S 2477 (217)"
classification: ["bill"]
subjects: ["BUS TAXES"]
status: "enacted"
primary_sponsors: ["Mukherji, Raj", "Oroho, Steven V.", "Sarlo, Paul A.", "Schaer, Gary S.", "Singleton, Troy", "Space, Parker"]
version_count: 2
action_count: 11
vote_count: 6
first_action: "2016-07-29T04:00:00+00:00"
last_action: "2017-02-06T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/86a30acb-6d2a-443f-8076-cbf0364f0f23"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "a1e84cde2cb76e967f0f00baa39812c03a5b9e0ac15d423b297d30ea819c56b8"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey S 2477 (217) — Concerns certain unused portions of tax credits issued to insurance premiums taxpayers under the Business Employment Incentive Program; exempts certain purchasers of business development incentives from certain State tax notification requirements.*

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S2500/2477_I1.HTM)
2. **Reprint** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S2500/2477_R1.HTM)

## Votes

- Reported favorably out of committee — **11–0** (pass) · legislature
- 3RDG FINAL PASSAGE — **36–0** (pass) · legislature
- Reported out of Senate committee with amendments — **13–0** (pass) · legislature
- Reported out of Assembly committee with amendments — **12–0** (pass) · legislature
- 3RDG FINAL PASSAGE — **71–0** (pass) · legislature
- CONCUR ASMB AMEND — **37–0** (pass) · legislature

## Sponsors

- Mukherji, Raj — primary (person)
- Oroho, Steven V. — primary (person)
- Sarlo, Paul A. — primary (person)
- Schaer, Gary S. — primary (person)
- Singleton, Troy — primary (person)
- Space, Parker — primary (person)
- Lampitt, Pamela R. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2016-07-29T04:00:00+00:00** Introduced in the Senate, Referred to Senate Budget and Appropriations Committee `introduction, referral-committee`
- **2016-09-08T04:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2016-09-15T04:00:00+00:00** Passed Senate (36-0) `passage`
- **2016-09-15T04:00:00+00:00** Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee `referral-committee`
- **2016-10-06T04:00:00+00:00** Reported out of Assembly Committee with Amendments and Referred to Assembly Appropriations Committee `referral-committee`
- **2016-10-27T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2016-11-21T05:00:00+00:00** Substituted for A4083 (1R)
- **2016-11-21T05:00:00+00:00** Passed Assembly (71-0-0) `passage`
- **2016-12-05T05:00:00+00:00** Received in the Senate, 2nd Reading on Concurrence
- **2016-12-19T05:00:00+00:00** Passed Senate (Passed Both Houses) (37-0) `passage`
- **2017-02-06T05:00:00+00:00** Approved P.L.2017, c.12. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/86a30acb-6d2a-443f-8076-cbf0364f0f23`. Confidence: reported (aggregated from official New Jersey legislature records).