NJBIA Supporting Bill to Stop NY from Taxing NJ Remote Workers
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| NJBIA is supporting today a bill that attempts to prevent New York from taxing New Jersey workers who have stopped commuting into New York City or other parts of the Empire State since the pandemic.
Bill S-3128 (Lagana, D-38; Bramnick, D-21) is scheduled for a vote in the full Senate session today.
“We have a lot of people that have not worked in Manhattan for a day in years and yet they’re paying all of their income taxes to New York State,” NJBIA Chief Government Affairs Officer Christopher Emigholz said. “And we’re not seeing any of that.
“There are estimates that it could be billions of dollars that New Jersey is losing out on. And that can go toward a lot of important things that we talk about in the scope of the budget process.”
Companion bill A-4694 (Tully, D-38; Swain, D-38) was passed unanimously by the full Assembly on May 25. |
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