"Cost Savings on Energy Saving Purchases Act"; exempts sales of energy-saving products and services from sales and use tax.

This bill exempts the retail sale of specific energy-saving products and services from New Jersey's sales and use tax. It directly affects consumers and businesses purchasing items like LED light bulbs, insulation, window caulk, furnace filters, weather stripping, tankless water heaters, and HVAC tune-up services. The key provision defines "energy-saving products" as those primarily designed to reduce energy consumption in homes and buildings, explicitly listing qualifying items. This tax exemption aims to lower costs for buyers of these efficiency-focused products.