Bill
S 4886
Decreases sales and use tax rate from 6.625 to 6 percent.
2024-2025 Regular Session
Introduced by Tony Bucco and 1 co-sponsor
New Jersey bill reduces the state sales tax rate from 6.625% to 6%, lowering consumer costs but reducing state revenue by hundreds of millions annually.
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee