NJ S3499

Exempts fuel used by school buses transporting pupils to or from school or school-sponsored activities from New Jersey's petroleum products gross receipts tax and motor fuel tax.

Applies to school buses operated by religious or charitable organizations, or by contractors working with public agencies, governmental agencies, or charitable organizations.

Requires purchasers to pay tax at the point of purchase and then file a refund claim with the Director of the Division of Taxation, providing proof of payment.

Defines "school buses" according to R.S.39:1-1, which includes vehicles complying with New Jersey Motor Vehicle Commission regulations and encompasses School Vehicle Type I and Type II.

Takes effect immediately upon enactment, with the exemption applying to fuel used on or after the first day of the month following enactment.