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NJ A5759

Bill

Status

Introduced

6/12/2025

Primary Sponsor

Carmen Morales

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Retail establishments must disclose the percentage or dollar amount of a product's price attributable to tariffs on price tags, online product pages, or sales receipts

  • Exemptions apply to retail establishments with less than $500,000 in annual revenue and products where tariff-related price impact is less than 2% of the retail price

  • If precise tariff disclosure is impractical due to raw material inputs, retailers may simply indicate that an item's price has been impacted by tariffs

  • Violations are subject to fines up to $500 per violation, and retail establishments are subject to periodic compliance audits

  • Takes effect 90 days after enactment, with the Director of the Division of Consumer Affairs developing regulations for implementation

Legislative Description

Requires disclosure of portion of retail price attributable to tariffs.

Consumer Affairs

Last Action

Introduced, Referred to Assembly Consumer Affairs Committee

6/12/2025

Committee Referrals

Consumer Affairs6/12/2025

Full Bill Text

No bill text available