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New Jersey General AssemblyA 5323

Alternative business calculation-modifies eligibility for adjustment allowed

Passed 47–23Party-line

What it does: Phases out the gross income tax alternative business calculation adjustment: taxpayers with gross income over $500,000 up to $1 million may deduct 25 percent of their business increment instead of 50, and those over $1 million get none. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: 3RDG FINAL PASSAGE

Read the official record ↗

The tally

Yes 47 · No 23 · Not voting 10

Bar: green = yes, brown = no, striped = not voting.

Votes by party
PartyYesNoNot voting
Democrats4719
Republicans0221

Most Democrats voted yes; most Republicans voted no. 1 member voted against their party’s majority.

Voted against their party’s majority

The full roll (80)

“Not voting” is a recorded non-vote, not a reason for the absence. Parties come from public rosters; how we count.