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NJ A5759
Bill
Status
6/12/2025
Primary Sponsor
Carmen Morales
Click for details
AI Summary
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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
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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
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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
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Violations are subject to fines up to $500 per violation, and retail establishments are subject to periodic compliance audits
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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