Budget & Taxes (Procurement) in New Jersey

in committee · New Jersey · General Assembly Jan 13, 2026

A 2751: Exempts sale of farm vehicles from sales and use tax for farmers.

This bill exempts farmers in New Jersey from paying sales and use tax when purchasing qualifying farm vehicles. It removes the current 18,000-pound weight limit for vehicles registered as farm vehicles, expanding the existing tax exemption to cover all farm vehicles regardless of size. Farmers must provide documentation proving their farming status to claim the exemption. The exemption applies to the purchase, rental, lease, and repair parts of these vehicles.

Topics ✓ Budget & Taxes

Sub-Topics Procurement Sales Tax Tax Incentives

in committee · New Jersey · General Assembly Feb 5, 2026

A 4005: Provides for procurement by State of pharmacy benefits manager, automated reverse auction services, and claims adjudication services.

This bill allows New Jersey to expedite the procurement of pharmacy benefits manager (PBM) services, automated reverse auction services, and claims adjudication for the State Health Benefits Program and School Employees’ Health Benefits Program. It requires the Division of Purchase and Property to use a streamlined process - soliciting proposals from qualified vendors without formal advertising and conducting an automated reverse auction to secure competitive pricing. The bill modifies standard procurement rules to shorten timelines, such as limiting the Comptroller’s review to 10 business days and waiving certain advertising requirements. Within 60 days of awarding the contract, the state must report savings and procurement details to the Governor, Legislature, and the public.

Topics ✓ Budget & Taxes ✓ Healthcare

Sub-Topics Audits & Accountability Procurement Prescription Drugs

in committee · New Jersey · Senate Jan 13, 2026

S 3044: Prohibits certain school districts under State intervention from leasing building if purchase price would be less than total costs of lease.

This bill prohibits New Jersey school districts under state intervention (due to failing governance standards) from leasing buildings if the total lease payments over the lease term would exceed the building's purchase price. It directly affects districts managed by the state because they haven't met required governance benchmarks, requiring them to choose between leasing or purchasing based on cost. The key provision mandates that districts or the state acting on their behalf must compare total lease costs against a building's purchase price before entering lease agreements. The law aims to prevent districts from incurring higher long-term expenses through leasing when buying is financially preferable. This applies only to districts under state oversight for governance failures, not to all school districts.

Topics ✓ Budget & Taxes

Sub-Topics Procurement

in committee · New Jersey · Senate Jan 13, 2026

S 2704: Establishes grant program to provide thermal imaging and radio equipment to certain fire departments.

This bill establishes a state grant program to provide thermal imaging body cameras, thermal imaging masks, and radio repeaters to fire departments serving municipalities with 100,000+ residents. Qualifying fire departments in cities with 100,000-299,000 residents receive $150,000 every three years (divided equally among departments), while those in cities with 300,000+ residents receive the same amount. The grant covers purchasing or reimbursing costs for equipment that helps firefighters see through smoke, communicate across obstacles, or record incidents. The Division of Fire Safety must review the program every five years to ensure departments use updated equipment and decide whether to continue it. The bill is pending legislative action and not yet law.

Topics ✓ Budget & Taxes

Sub-Topics Procurement

in committee · New Jersey · Senate Jan 13, 2026

S 624: Directs NJ Infrastructure Bank to establish financing program for electric school buses; allocates $20 million annually in societal benefits charge revenues to NJ Infrastructure Bank for purposes of program.

This bill creates a program through New Jersey's Infrastructure Bank to help school districts replace diesel school buses with electric ones. It allocates $20 million annually from state "societal benefits charge" revenues to fund loans and financial assistance for purchasing electric buses and charging infrastructure. School districts must complete energy assessments comparing costs and environmental benefits of electric vs. diesel buses, with priority given to districts in communities disproportionately affected by pollution. The program requires school districts to repay loans using operational savings from electric buses, and the Infrastructure Bank must submit an annual project priority list to the legislature.

Topics ✓ Budget & Taxes ✓ Education ✓ Energy ✓ Environment ✓ Transportation

Sub-Topics Procurement Electric Vehicles Electric Vehicles

in committee · New Jersey · Senate Feb 2, 2026

S 3253: Enhances transparency and accountability of online tax sales.

S 3253 requires New Jersey's Department of Community Affairs to establish a competitive process for selecting at least five qualified vendors to conduct online tax lien sales. Vendors must demonstrate experience in tax lien services and electronic auction systems, and disclose corporate ownership details. Municipalities will then be able to choose from this pre-approved vendor list, replacing the previous system that allowed a single vendor to dominate without oversight. This change aims to increase transparency, prevent bid rigging, and ensure fairer costs for homeowners and local governments.

Topics ✓ Budget & Taxes

Sub-Topics Procurement

in committee · New Jersey · Senate Jan 13, 2026

S 211: Reinstates automatic COLA for retirement benefits of members of the State-administered retirement systems.

This bill reinstates automatic annual cost-of-living adjustments (COLA) for retirement benefits in New Jersey's state-administered retirement systems. It directly affects current and future retirees, including state employees and teachers, by requiring their benefits to increase each year to match inflation without needing separate legislative action. The key mechanism establishes a permanent automatic adjustment process tied to inflation data, eliminating the need for annual budget amendments. This change ensures retirees' purchasing power remains aligned with rising living costs over time.

Topics ✓ Budget & Taxes ✓ Labor & Employment

Sub-Topics Pensions Procurement Retirement Benefits

in committee · New Jersey · Senate Jan 13, 2026

S 771: Eliminates requirement to submit sales tax exemption form for textbook purchases.

This bill eliminates the requirement for students to provide a sales tax exemption form when purchasing textbooks, and removes the need for schools to formally declare textbooks as required for school. It directly affects students (especially those buying online), schools, and retailers by simplifying the tax exemption process. Key provisions include removing all form submissions, clarifying that rentals and all textbook formats (new, used, electronic, physical) qualify for exemption, and removing school approval requirements. The change applies immediately to all textbook sales and rentals without needing proof of school use.

Topics ✓ Budget & Taxes ✓ Education

Sub-Topics Procurement Sales Tax Tax Incentives Curriculum

in committee · New Jersey · Senate Jan 13, 2026

S 2895: Requires additional surcharge on certain documents filed in certain county offices to support affordable housing in certain populous municipalities.

This bill (S 2895) requires counties containing cities of the first class (Newark and Jersey City, each with populations over 150,000) to impose a $3-$10 surcharge on real property documents filed in county offices. The surcharge funds are deposited quarterly into those cities' municipal affordable housing trust funds. The money must be used exclusively for rehabilitating or purchasing existing housing to create affordable units, or constructing new affordable housing. This provides a new revenue stream specifically for addressing housing affordability in these two largest New Jersey cities.

Topics ✓ Budget & Taxes ✓ Housing

Sub-Topics Fees & Licensing Procurement Affordable Housing

in committee · New Jersey · Senate Jan 13, 2026

S 1034: Exempts sales of bandages and other similar products from sales and use tax.

This bill exempts sales of disposable bandages, dressings, gauze, and similar medical supplies from New Jersey's sales and use tax, regardless of whether they contain antiseptic or active ingredients. It directly affects consumers purchasing these common first-aid products and businesses selling them. The key change clarifies that all disposable medical supplies meeting the definition (not designed for repeated use) qualify for exemption, removing the current inconsistency where only medicated bandages were tax-exempt. The policy applies to all sales made four months after enactment.

Topics ✓ Budget & Taxes

Sub-Topics Procurement Sales Tax

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