NJ S752

Exempts fuel cell devices and systems from New Jersey sales and use tax, expanding the existing solar energy exemption to include equipment that converts chemical energy of fuel and oxidant into electricity through non-combustive electrochemical processes

Exempts tangible personal property powered directly and exclusively by an integrated fuel cell component, including vehicles, material handling equipment, and electronic devices not already covered under zero-emission vehicle exemptions

Exempts from sales tax the fuels used in fuel cells, including hydrogen, propane, natural gas, and utility services when used to power fuel cell devices or systems

Exempts electricity generated by fuel cell devices from sales and use tax

Takes effect immediately upon enactment, with exemptions applying to sales and billing periods starting on the first day of the fourth month following enactment