NJ S466

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 based on customs invoices, tariff schedules, and import duty records, and are subject to periodic compliance audits.

Violations carry fines up to $500 per violation, with enforcement overseen by the Director of the Division of Consumer Affairs.

Exemptions apply to retailers with less than $500,000 in annual revenue and products where tariff-related price impact is less than 2% of the retail price.

Phased implementation: voluntary compliance for the first 6 months, mandatory for retailers with $5 million+ in annual sales during months 7-12, and full effect after 12 months.