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Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4958 (March 8, 2021)

Summary

Statement to Assembly No. 4958 of the Assembly Commerce and Economic Development Committee, State of New Jersey, dated March 8, 2021, reporting Assembly Bill No. 4958 favorably. The bill would provide a sales and use tax exemption for purchases by a small business that enable the business to conduct its normal indoor operations outdoors during the fall and winter seasons due to the COVID-19 pandemic. A small business is one that employs fewer than 20 full-time employees, and purchases or services must be made or rendered between September 1, 2020 and March 31, 2021. The statement says the exemption would cover products to melt or remove snow and ice, tents and space heaters, with a refund equal to the sales tax paid.

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“Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4958 (March 8, 2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-03-08-ace-a4958-s1-bf11fd9388/, SHA-256 229ac05f66e285d43a9a655c0b821ce4d9112ee39ce105f74c824560970bb605.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                         STATEMENT TO

                     ASSEMBLY, No. 4958

       STATE OF NEW JERSEY
                           DATED: MARCH 8, 2021

          The Assembly Commerce and Economic Development Committee
      reports favorably Assembly Bill No. 4958.
         This bill would provide a sales and use tax exemption for
      purchases made by a small business during a brief period of time
      which purchases enable the business to conduct its normal indoor
      operations outdoors. The bill targets relief to small businesses that
      incur costs for having to establish or expand outdoor operations
      during the fall and winter seasons due to the COVID-19 pandemic.
      A small business would be entitled to a refund equal to the amount
      of sales tax paid for each qualified item purchased or service
      rendered.
         Under the bill, a small business, one that employs fewer than 20
      full-time employees, would be eligible to apply for a sales and use
      tax exemption for purchases made or services rendered to winterize
      the business, which purchases or services are made or rendered
      between September 1, 2020 and March 31, 2021. The exemption
      would apply to items purchased or services rendered to a small
      business that enable the business to conduct business outdoors
      during the fall and winter seasons due to the COVID-19 pandemic.
      This exemption would cover purchases of products to melt or
      remove snow and ice, as well as tents, and space heaters.

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