NJ S662

Eliminates the requirement for students to submit a tax exemption form when purchasing textbooks to qualify for the existing sales tax exemption

Removes the requirement that schools must declare textbooks as required for school purposes and be approved by the Department of Education or Commission on Higher Education

Clarifies that the sales tax exemption applies to both sales and rentals of textbooks, whether new or used, and in electronic or physical form

Takes effect on the first day of the first calendar quarter beginning at least 30 days after enactment