Clarifies process for administrative appropriations to UEZs; makes appropriation.

This bill (S 1318) clarifies and updates tax exemption rules for businesses operating in New Jersey's Urban Enterprise Zones (UEZs). It specifies that eligible retail businesses in designated UEZs or UEZ-impacted business districts can receive a 50% exemption on sales tax for most retail sales (excluding motor vehicles, alcohol, cigarettes, manufacturing equipment, energy, and cannabis products). The exemption requires businesses to obtain a UZ-2 certification from the UEZ Authority, confirming they operate a physical retail location within a qualifying zone. Revenue from exempt sales (excluding cannabis and redevelopment taxes) must be deposited into the Enterprise Zone Assistance Fund for economic development programs in disadvantaged communities.