republic-os/legislation/us/states/nj/221/s-1422.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Allows taxpayers to utilize alternative method of depreciation of certain expenditures in connection with construction of new affordable housing developments.	Allows taxpayers to utilize alternative method of depreciation of certain expenditures in connection with construction of new affordable housing developments.	us/states/nj	New Jersey Legislature	221	S 1422	New Jersey S 1422 (221)	bill	AFFORD HOUS BUS TAXES INCOME TAX	enacted	Calabrese, Clinton Lopez, Yvonne Singleton, Troy Speight, Shanique Turner, Shirley K.	3	10	4	2024-01-09T05:00:00+00:00	2024-03-20T04:00:00+00:00	openstates	ocd-bill/14f65b66-9184-4c22-9fa6-a4375ef3a69e	https://pub.njleg.state.nj.us/leg-databases/	6890dbb03d914315582a4f4458741a4a621c5bf014dfcbc5a7075da43acc500d	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-nj

New Jersey S 1422 (221) — Allows taxpayers to utilize alternative method of depreciation of certain expenditures in connection with construction of new affordable housing developments.

Version chain

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

1. Introduced Version (committee substitute) — source
2. Reprint SBA 3/11/24 2R (committee substitute) — source
3. Reprint SCU 1/25/24 1R (committee substitute) — source

Votes

• Reported out of Senate committee with amendments — 13–0 (pass) · upper
• 3RDG FINAL PASSAGE — 32–4 (pass) · upper
• Reported out of Senate committee with amendments — 5–0 (pass) · upper
• 3RDG FINAL PASSAGE — 67–8 (pass) · lower

Sponsors

• Calabrese, Clinton — primary (person)
• Lopez, Yvonne — primary (person)
• Singleton, Troy — primary (person)
• Speight, Shanique — primary (person)
• Turner, Shirley K. — primary (person)
• Pou, Nellie — cosponsor (person)

Timeline

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

• 2024-01-09T05:00:00+00:00 Introduced in the Senate, Referred to Senate Economic Growth Committee introduction, referral-committee
• 2024-01-09T05:00:00+00:00 Transferred to Senate Community and Urban Affairs Committee referral-committee
• 2024-01-25T05:00:00+00:00 Reported out of Senate Committee with Amendments, 2nd Reading committee-passage
• 2024-01-25T05:00:00+00:00 Referred to Senate Budget and Appropriations Committee referral-committee
• 2024-03-11T04:00:00+00:00 Reported out of Senate Committee with Amendments, 2nd Reading committee-passage
• 2024-03-18T04:00:00+00:00 Passed Senate (32-4) passage
• 2024-03-18T04:00:00+00:00 Received in the Assembly without Reference, 2nd Reading
• 2024-03-18T04:00:00+00:00 Substituted for A3365 (1R)
• 2024-03-18T04:00:00+00:00 Passed Assembly (Passed Both Houses) (67-8-0) passage
• 2024-03-20T04:00:00+00:00 Approved P.L.2024, c.1. executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/14f65b66-9184-4c22-9fa6-a4375ef3a69e. Confidence: reported (aggregated from official New Jersey legislature records).