This bill exempts sales and use tax on passenger automobiles purchased by veterans who were honorably discharged and have a disability related to their military service, as confirmed by the U.S. Department of Veterans Affairs. It defines "passenger automobile" as any vehicle designed for passenger transport (excluding buses), and "service-connected disability" as an injury or illness incurred during active duty. The exemption applies to sales occurring two months after the bill's enactment, directly benefiting eligible veterans purchasing new or used cars. The law modifies New Jersey’s existing Sales and Use Tax Act to provide this tax relief.
This bill (A 923) increases the price threshold for New Jersey's luxury vehicle titling fee from $45,000 to $70,000. It applies a 0.4% fee on new passenger cars priced at or above $70,000 (before rebates/trade-ins) or with fuel efficiency under 19 MPG. The fee is collected at purchase, separate from sales tax, and will be adjusted for inflation annually using the Consumer Price Index for "New Vehicles." It directly affects buyers of new luxury cars in New Jersey, reducing the fee's scope by raising the price threshold.
This bill provides a temporary tax break for eligible food and beverage businesses in New Jersey. It allows qualifying establishments - such as sit-down restaurants (excluding fast food), breweries/wineries/distilleries, and mobile food trucks/carts - to deduct up to the amount of sales tax collected on the first $70,000 of taxable sales per location each month during a four-month relief period. Businesses can claim this deduction for up to five locations or vehicles, but must retain the collected tax amounts they deduct. The relief period begins two months after the bill’s enactment and ends five months after enactment.
This bill (A 1575) modifies New Jersey's urban enterprise zone program by increasing the reduced sales tax rate applied within designated enterprise zones. The additional tax revenue generated from this increase would be dedicated directly to the municipalities where these zones are located. It affects qualifying municipalities that have enterprise zones meeting specific unemployment criteria, as defined in the law. The change aims to provide ongoing funding for municipal services and zone development projects through this dedicated tax revenue stream, rather than through other state funds. The bill amends the existing enterprise zone assistance fund provisions to implement this tax-based revenue source.
This bill exempts the retail sale of tangible personal property made from 100% post-recycled waste or recycled materials (such as recycled bricks, asphalt, and crushed concrete) from New Jersey's sales and use tax. It defines "post-recycled waste" as materials salvaged from general waste and processed into raw materials, and "recycled materials" as products made from post-consumer waste. The exemption applies directly to retailers selling these specific recycled products, reducing their sales tax burden. The bill takes effect two months after enactment for all qualifying sales.
This bill, the "Barnegat Bay Protection Act," would create a dedicated fund to protect Barnegat Bay by establishing three funding streams: a 1% tax on fertilizer sales, special "Protect Barnegat Bay" license plates (with a $50 application fee and $10 annual renewal), and voluntary donations collected during boat registrations, vessel renewals, and beach tag purchases. The fund, managed by the State Treasurer with input from the Environmental Protection Department, would finance watershed preservation and remediation projects, including public education campaigns. It directly affects residents and businesses in Ocean County (33 municipalities) and parts of Monmouth County (4 municipalities), where over 500,000 people live and visit. The bill focuses on generating ongoing revenue for bay restoration, not on new regulations or mandates.
This bill provides a 50% sales tax exemption for small retail businesses operating in municipalities affected by ongoing public highway projects. It applies to businesses with a fixed location offering goods or services (like retail stores or charter boat services) during the "relief period" - the time between when a highway project starts and ends. Businesses must apply to the Tax Division Director for approval, verifying their location within an impacted area. The exemption automatically ends 30 days after the Transportation Commissioner notifies the Tax Division that the highway project is complete.
This bill establishes an annual four-day sales tax holiday in New Jersey, exempting most physical goods from sales tax during the period from 12:01 a.m. on the Friday after Thanksgiving through 11:59 p.m. on the Monday after Thanksgiving. The holiday covers popular shopping days including Black Friday, Small Business Saturday, Sunday, and Cyber Monday, directly affecting consumers who purchase qualifying items and retailers who do not collect sales tax during this window. It applies to retail sales of tangible personal property (physical goods) but excludes services and certain items like food or clothing. The law takes effect immediately, with temporary regulations allowing the tax authority to implement rules within 180 days.
This bill exempts residential customers in New Jersey from paying state sales and use tax on natural gas and electricity purchases during the coldest months of the year (December 1 through April 15). Public utilities must deduct the tax amount from customers' monthly bills during this period. The policy directly affects homeowners and renters who use these utilities, aiming to provide relief amid rising energy costs - following recent rate hikes of 15-25% by gas providers. Implementation requires the Division of Taxation to create rules for enforcement, with the exemption taking effect immediately upon passage.
This bill removes a $100,000 spending limit on sales and use tax exemptions for businesses in New Jersey's Urban Enterprise Zone (UEZ) program. It directly affects qualified UEZ businesses that make capital improvements like building, repairing, or substantially upgrading their property. The key change eliminates the previous cap, allowing these businesses to claim full tax exemptions on all qualifying materials, supplies, and services used for eligible improvements - retroactive to January 1, 2022. This policy change applies to businesses with a valid UEZ certification (UZ-4) operating in designated zones.
