Loading chat...
NJ S3654
Bill
Status
9/26/2024
Primary Sponsor
Carmen Amato
Click for details
AI Summary
-
Creates an annual two-month sales tax exemption period from August 1 through September 30 for back-to-school purchases made by individuals for non-business use
-
Exempts computers priced under $3,000 and school computer supplies (printers, storage media, personal digital assistants) priced under $1,000 per item from sales tax during the holiday period
-
Covers school supplies including notebooks, pens, pencils, calculators, book bags, lunch boxes, and folders, as well as art supplies like paints, brushes, and clay
-
Includes school instructional materials such as textbooks, workbooks, reference books, maps, and globes in the tax exemption
-
Authorizes the Director of the Division of Taxation to adopt emergency regulations within 180 days to implement the tax holiday
Legislative Description
Establishes annual sales tax holiday for certain retail sales of computers, school computer supplies, school supplies, school art supplies, and school instructional materials.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
9/26/2024