This bill provides two tax benefits: it exempts retail sales of certain school supplies, art supplies, instructional materials, computers under $3,000, and school computer supplies under $1,000 from New Jersey's sales tax when purchased by individuals for non-business use year-round (replacing a temporary back-to-school holiday). It also creates a $500 annual deduction for eligible teachers' unreimbursed classroom expenses, including items like books, pencils, computers, and lab equipment. The tax exemption applies to sales after the fourth month following enactment, while the deduction applies to taxable years starting after the next January 1. These provisions directly affect students purchasing supplies, parents buying school items, and teachers covering classroom costs.
S 2306 would impose a 2.5% tax on retail sales of firearms and a 10% tax on retail sales of firearms ammunition within New Jersey, directly affecting retailers who sell these items in the state. The tax applies only to sales made within New Jersey, excluding sales to government agencies (federal, state, or local) or deliveries outside the state. Retailers would collect the tax and pay it monthly to the Division of Taxation, with the tax taking effect 30 days after enactment for sales starting in the first full calendar quarter after that date. The bill defines "firearms" as weapons expelling projectiles via combustion and "firearms ammunition" as cartridges, shells, and related components.
S 592 creates a dedicated "New Jersey Wine Promotion Account" within the Department of Agriculture to fund marketing and research for the state's wine industry. It directs two specific revenue streams into this account: $0.47 per gallon from wine sales by wineries (both plenary and farm) and the sales tax collected on retail sales of locally produced wine (excluding sales in restaurants that primarily serve meals). These funds will support promotion, research, and development of New Jersey wine, as guided by the New Jersey Wine Industry Advisory Council. The bill directly affects New Jersey wineries and the state's wine industry by establishing a dedicated, ongoing funding mechanism for marketing and product development.
This Senate Resolution (SR 35) urges the federal government to repeal the $10,000 cap on state and local tax (SALT) deductions established by the 2017 Tax Cuts and Jobs Act. It specifically addresses New Jersey residents, who historically claimed the SALT deduction (41% of filers), face high property taxes (averaging $9,112 in 2020), and are impacted by the cap’s restriction on deducting state/local taxes. The resolution highlights New Jersey’s status as a "donor state" (paying more in federal taxes than received in funding) and notes that the cap has exacerbated financial strain amid the pandemic, with many residents relocating to lower-tax states. As a non-binding resolution, it does not change law but formally requests federal action.
S 2965 imposes a $100-per-seat or $400-per-flight tax (whichever is greater) on non-essential helicopter and seaplane flights departing from or arriving at New Jersey airports, heliports, or helistops. It excludes flights for emergency medical services, construction support, research, or nonprofit organizations (like hospitals or news agencies). Operators must collect the tax, provide electronic receipts within 48 hours detailing the flight, and pay it quarterly to the state. All revenue from this tax will fund New Jersey Transit (NJT) operating expenses.
This bill provides tax incentives for historic diners and restaurants in New Jersey that meet specific criteria. To qualify, an establishment must have operated continuously for at least 25 years (including pandemic-related closures), qualify as a small business, comply with health/safety rules, and (for restaurants) be family-owned. The bill creates an annual registry managed by the Division of Travel and Tourism, granting approved operators a 12-month sales tax exemption on prepared food/beverages sold for on-site consumption and corporation business/gross income tax credits. These benefits directly support qualifying historic eateries by reducing their tax burden.
This bill reinstates an annual sales tax exemption for specific school and recreational items purchased by individuals for non-business use. It exempts computers under $3,000, school computer supplies under $1,000, school supplies (like notebooks and art materials), school instructional materials (textbooks, workbooks), and sport/recreation equipment (gloves, skates, etc.) during a defined 10-day period each year. The exemption period runs from 12:01 a.m. on the ninth day before the first Monday in September through 11:59 p.m. on that Monday. The bill takes effect immediately upon enactment and applies to sales during exemption periods starting at least 30 days after enactment.
This bill (S 2735) exempts sales of fuel cell devices and systems from New Jersey's sales and use tax. It applies to devices that generate electricity from fuel without combustion (e.g., for heating, cooling, or power) and covers related tangible property. The exemption also extends to fuels like natural gas, propane, and hydrogen used in these systems. This directly benefits businesses and consumers purchasing fuel cell technology for energy use.
This bill suspends the state sales and use tax, plus the societal benefits charge, on electric and gas utility bills for all customers in New Jersey during 2026 (January 1-December 31). It directly affects residential and commercial utility ratepayers by removing these specific charges from their monthly bills. The key mechanism is a temporary exemption from two fees: the standard sales tax on utility services and the societal benefits charge (which funds clean energy programs and energy assistance). The suspension ends January 1, 2027, and does not alter the underlying utility rates.
This bill (S 1619) directs excess revenue from New Jersey's energy sales and use taxes to fund utility assistance programs. Specifically, if annual energy tax collections exceed the 2025 baseline, the surplus must be deposited into the Universal Service Fund to support programs like the Payment Assistance for Gas and Electric Program. It amends existing law to ensure these funds are dedicated exclusively to utility assistance, rather than other uses. The bill does not change current tax rates but redirects unspent revenue to help low-income households with energy costs.
