A392 — Allows gross income tax deductions for contributions, earnings, and qualified distributions associated with special needs trusts.

A392 — Allows gross income tax deductions for contributions, earnings, and qualified distributions associated with special needs trusts. · Informed CitizenryThis bill amends Title 54A of the New Jersey Statutes to provide state income tax treatment for special needs trusts. It specifies that a taxpayer's contributions to a special needs trust—includi…Open in Informed Citizenry