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NJ A2629

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Carmen Morales

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Retail establishments must disclose the percentage or dollar amount of a product's retail price attributable to federal tariffs on price tags, online product pages, or sales receipts
  • Exemptions apply to retail establishments with less than $500,000 in annual revenue and products where tariff-related price impact is less than 2% of the final retail price
  • Violations are subject to fines up to $500 per violation, with compliance enforced through periodic audits by the Division of Consumer Affairs
  • The Director of the Division of Consumer Affairs will establish regulations for calculating and displaying tariff costs, and maintain a public list of exempt commodities
  • The law takes effect 90 days after enactment

Legislative Description

Requires disclosure of portion of retail price attributable to tariffs.

Consumer Affairs

Last Action

Introduced, Referred to Assembly Consumer Affairs Committee

1/13/2026

Committee Referrals

Consumer Affairs1/13/2026

Full Bill Text

No bill text available