Assembly Commerce and Economic Development Committee Statement, Assembly Bill No. 1899 (March 14, 2022)
Summary
This is the Assembly Commerce and Economic Development Committee Statement to Assembly, No. 1899, State of New Jersey, dated March 14, 2022. The committee reports favorably Assembly Bill No. 1899, which would provide a sales and use tax exemption for purchases made by a small business between September 1, 2020 and March 31, 2021 to enable it to conduct its normal indoor operations outdoors. The bill targets relief to small businesses that incurred costs establishing or expanding outdoor operations during the fall of 2020 or winter of 2021 due to the COVID-19 pandemic. A business would be entitled to a refund equal to the sales tax paid, and the exemption would cover items such as tents, space heaters and products to melt or remove snow and ice.
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“Assembly Commerce and Economic Development Committee Statement, Assembly Bill No. 1899 (March 14, 2022).”
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ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
COMMITTEE
STATEMENT TO
ASSEMBLY, No. 1899
STATE OF NEW JERSEY
DATED: MARCH 14, 2022
The Assembly Commerce and Economic Development Committee
reports favorably Assembly Bill No. 1899.
This bill would provide a sales and use tax exemption for
purchases made by a small business between September 1, 2020 and
March 31, 2021 to enable the business to conduct its normal indoor
operations outdoors. The bill targets relief to small businesses that
incurred costs for having to establish or expand outdoor operations
during the fall of 2020 or winter of 2021 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. This exemption would cover purchases of products to melt
or remove snow and ice, as well as tents, and space heaters.
This bill was pre-filed for introduction in the 2022-2023 session
pending technical review. As reported, the bill includes the changes
required by technical review, which has been performed.
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