Assembly Commerce and Economic Development Committee Statement to Senate, No. 3715, Dated December 6, 2021

Summary

Statement of the Assembly Commerce and Economic Development Committee of the State of New Jersey, dated December 6, 2021, reporting Senate Bill 3715 favorably. The bill changes the definitions used for the State's transient accommodation taxes and fees. An accommodation is obtained through a transient space marketplace when it is accepted through a means provided by the marketplace or travel agency, regardless of whether payment is made through that means. A transient space marketplace is redefined as a marketplace or travel agency that provides the service in exchange for a fee. As reported, the bill is identical to Assembly Bill 5804.

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ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT COMMITTEE

STATEMENT TO

SENATE, No.
3715

STATE
OF NEW JERSEY

DATED: DECEMBER
6, 2021

The Assembly Commerce and Economic Development Committee
reports favorably Senate Bill No. 3715.

This bill modifies certain definitions that are
applicable to the State’s transient accommodation taxes and fees.
Specifically, the bill alters the definitions of “obtained through a transient
marketplace” and “transient space marketplace.”

Under current law, “obtained through a transient space
marketplace” means that payment for the accommodation is made through a means
provided by the marketplace or travel agency, either directly or indirectly,
regardless of which person or entity receives the payment, and where the
contracting for the accommodation is made through the marketplace or travel
agency. The bill changes this definition to specify that the accommodation is
accepted through a means provided by the marketplace or travel agency,
regardless of whether payment for the accommodation is made through a means
provide by the marketplace or travel agency.

Further, the bill modifies the definition of
“transient space marketplace.” Under current law, a transient space
marketplace means a marketplace or travel agency through which a person may
offer transient accommodations to customers and through which customers may
arrange for occupancies of transient accommodations. The bill changes the
definition to specify that a marketplace or travel agency provides the service
in exchange for a fee.

As reported by the committee, this bill is identical
to Assembly Bill No. 5804, which was also reported by the committee on this
date.

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