Both reported from Senate committee, S.B. 3404 / A.B. 5218 seek to allow the owner of an alcoholic beverage manufacturer, among other business types, to use a bonus depreciation allowance of up to $150,000 for capital expenditures incurred within New Jersey to comply with the health and safety requirements of the Governor’s executive orders regarding the COVID-19 pandemic.
Depreciation Allowance Bills Move in NJ
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Written By
Pete Johnson
, State & Regulatory Affairs Manager
State & Regulatory Affairs Manager
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
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Link to author biography
Written By
Pete Johnson
, State & Regulatory Affairs Manager
State & Regulatory Affairs Manager
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's Articles
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