Exempts sales of pet medication purchased from sales and use tax.

This bill exempts purchases of certain pet medications from New Jersey's sales and use tax. It directly affects pet owners who buy medications for their "qualified pets" (domestic animals kept for companionship, not for research or business). The exemption covers medications recognized by state pharmacy/veterinary boards for treating disease, prescribed by licensed vets, or intended to affect a pet's body function - excluding general pet food or supplements. The law takes effect in the first full calendar quarter after enactment.