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The mission of the New Jersey Department of the Treasury is to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's physical and financial assets, and provide statewide support services to state and local government agencies as well as the citizens of New Jersey.
The tax table below will show in detail the New Jersey state income tax rates by income tax bracket(s). There are 6 income tax brackets for New Jersey. Tax brackets for individuals are provided below: For earnings between $1 and $20,000, the tax rate on every dollar of income earned is 1.4%.
The New Jersey Department of Corrections operates 13 major correctional or penal institutions, including seven adult male correctional facilities, three youth facilities, one facility for sex offenders, one women's correctional institution and a central reception and intake unit; and stabilization and reintegration programs for released inmates.
Governor of New Jersey Chris Christie suspended filming-related credits in 2010, but in 2011 the New Jersey State Legislature approved the restoration and expansion of the tax credit program. The program offered 20 percent tax credits statewide and 22% in urban enterprise zone , to television and film productions that met the standards for ...
The Judiciary of New Jersey comprises the New Jersey Supreme Court as the state supreme court and many lower courts.. New Jersey's judiciary is unusual in that it still separates cases at law from those in equity, like its neighbor Delaware but unlike most other U.S. states; however, unlike Delaware, the courts of law and equity are formally "divisions" of a single unified lower court of ...
Due to the large number of multi-state insurers, the department utilizes a national state-based system of regulation in order to help meet this core mission. The Office's Captives Unit oversees New Jersey's captive insurance market, which opened for business in 2011 [17] and currently includes ten captive insurers.
The New Jersey Office of the State Comptroller (OSC) is an independent agency of the government of New Jersey created by an act of the state legislature in 2007 in order to make government more efficient, accountable and transparent. [ 1][ 2][ 3] The state comptroller is appointed by the governor of New Jersey, with the advice and consent of ...
The $56.6 billion budget signed by Gov. Phil Murphy Friday evening includes $220 million for StayNJ, a tax break for seniors designed to help older residents remain in New Jersey.. Though the new ...