Loading chat...

NJ S4808

Bill

Status

Introduced

11/6/2025

Primary Sponsor

Brian Stack

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

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

  • Exempts retailers with less than $500,000 in annual revenue and products where tariff impact is less than 2% of the final retail price

  • Mandates retailers maintain records of tariff calculations based on wholesale invoices, customs invoices, and import duty records, with wholesale firms required to provide tariff information to retailers

  • Subjects retail establishments to periodic compliance audits, with violations carrying fines up to $500 per occurrence

  • Phases in compliance over 12 months: voluntary for first 6 months, mandatory for retailers with $5 million+ in sales during months 6-12, then full effect for all covered retailers

Legislative Description

"Tariff Transparency Act;" requires disclosure of final retail price attributable to tariffs and other import taxes.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

11/6/2025

Committee Referrals

Commerce11/6/2025

Full Bill Text

No bill text available