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---
type: "Bill"
title: "Permits holding companies of eligible New Jersey emerging technology companies to receive investments under \"New Jersey Angel Investor Tax Credit Act.\""
description: "Permits holding companies of eligible New Jersey emerging technology companies to receive investments under \"New Jersey Angel Investor Tax Credit Act.\""
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "217"
identifier: "S 158"
citation: "New Jersey S 158 (217)"
classification: ["bill"]
subjects: ["BUS TAXES", "CORPORATIONS", "SCI AND TECH"]
status: "enacted"
primary_sponsors: ["Cruz-Perez, Nilsa", "Danielsen, Joe", "Madden, Fred H.", "Mukherji, Raj", "Quijano, Annette", "Schaer, Gary S.", "Vainieri Huttle, Valerie", "Zwicker, Andrew"]
version_count: 2
action_count: 11
vote_count: 5
first_action: "2016-01-12T05:00:00+00:00"
last_action: "2017-05-01T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/be87d521-9c7e-47b0-ac33-770be47c121f"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "f00640732459e6657f9171d4a6c1cec191e4f36b1ade889f2d194f9e7f51988c"
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 158 (217) — Permits holding companies of eligible New Jersey emerging technology companies to receive investments under "New Jersey Angel Investor Tax Credit Act."
## 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/S0500/158_I1.HTM)
2. **Reprint** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S0500/158_R1.HTM)
## Votes
- Reported out of Senate committee with amendments — **40** (pass) · legislature
- Reported favorably out of committee — **110** (pass) · legislature
- Reported favorably out of committee — **83** (pass) · legislature
- Reported out of Senate committee with amendments — **121** (pass) · legislature
- 3RDG FINAL PASSAGE — **372** (pass) · legislature
## Sponsors
- Cruz-Perez, Nilsa — primary (person)
- Danielsen, Joe — primary (person)
- Madden, Fred H. — primary (person)
- Mukherji, Raj — primary (person)
- Quijano, Annette — primary (person)
- Schaer, Gary S. — primary (person)
- Vainieri Huttle, Valerie — primary (person)
- Zwicker, Andrew — primary (person)
- Gordon, Robert M. — cosponsor (person)
- Greenstein, Linda R. — cosponsor (person)
- Pintor Marin, Eliana — cosponsor (person)
- Sarlo, Paul A. — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2016-01-12T05:00:00+00:00** Introduced in the Senate, Referred to Senate Economic Growth Committee `introduction, referral-committee`
- **2016-02-08T05:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2016-02-08T05:00:00+00:00** Referred to Senate Budget and Appropriations Committee `referral-committee`
- **2016-03-10T05:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2016-03-14T04:00:00+00:00** Passed Senate (37-2) `passage`
- **2016-03-14T04:00:00+00:00** Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee `referral-committee`
- **2016-10-06T04:00:00+00:00** Reported and Referred to Assembly Appropriations Committee `referral-committee`
- **2016-10-27T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2017-03-16T04:00:00+00:00** Substituted for A3631
- **2017-03-16T04:00:00+00:00** Passed Assembly (Passed Both Houses) (66-8-0) `passage`
- **2017-05-01T04:00:00+00:00** Approved P.L.2017, c.40. `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/be87d521-9c7e-47b0-ac33-770be47c121f`. Confidence: reported (aggregated from official New Jersey legislature records).