A 5088 New Jersey General Assembly · 2024-2025 Regular Session

Exempts sale of farm vehicles from sales and use tax for farmers.

This bill (A5088) exempts the sale of farm vehicles from New Jersey's sales and use tax when purchased by farmers and registered as farm vehicles with the Motor Vehicle Commission. It removes the current weight requirement (over 18,000 pounds) that previously limited the exemption, making all qualifying farm vehicles eligible regardless of size. To claim the exemption, farmers must provide documentation proving farming is their primary income source to the Division of Taxation. The change applies immediately upon enactment.

Issues: ✓ Budget & Taxes

Sub-Topics: Sales Tax

Bill status in committee 1 of 4 stages cleared

Introduction

Dec 2024

Committee Review

Floor Vote

Governor

Introduced Dec 12, 2024 Last action May 15, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced Version → Reprint ACE 5/15/25 1R · 2 edits

MINOR

The Assembly Commerce, Economic Development and Agriculture Committee reported this bill with one substantive amendment: it removed the requirement that a farmer demonstrate farming is their primary source of income to qualify for the sales and use tax exemption on farm vehicles. This broadens eligibility by allowing farmers who also earn significant income from other sources to claim the exemption. The removal of the explanatory statement at the end is standard procedural cleanup when a bill moves out of committee.

ELIGIBILITY

Deleted the requirement that a taxpayer claiming the farm vehicle sales and use tax exemption must demonstrate that farming is their primary source of income. Taxpayers now only need to show they qualify as a farmer.

TECHNICAL

Version tracking updated from 'As introduced' to 'As reported by the Assembly Commerce, Economic Development and Agriculture Committee on May 15, 2025, with amendments.' The explanatory statement section was removed, which is standard when a bill leaves committee.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 15, 2025

Committee

Reported out of Assembly Committee with Amendments and Referred to Assembly Appropriations Committee

lower

Dec 12, 2024

Introduced

Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee

lower

1 primary · 1 co-sponsor