NJ A2002

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

Retailers and wholesale trade firms must maintain records of tariff calculations including customs invoices, tariff schedules, and import duty records, and are subject to periodic compliance audits.

Violations are punishable by fines up to $500 per violation, with compliance requirements determined by the Director of the Division of Consumer Affairs.

Exemptions apply to retail establishments with less than $500,000 in annual revenue and products where tariff-related costs are less than 2% of the final retail price.

Implementation phases in over 12 months: voluntary compliance for the first 6 months, mandatory for retailers with $5 million+ in annual sales during months 7-12, then full effect for all covered establishments.