Exempts natural gas and electricity purchases for residential customers from sales and use tax during winter months.

New Jersey A2866 exempts the retail sales of natural gas and electricity for residential customers from the sales and use tax from December 1 to April 15 each year. Public utilities must deduct the tax amount from customers' bills at the end of each monthly billing cycle. This bill aims to provide relief to residents facing increased energy costs due to inflation and global disruptions.

Exempts natural gas and electricity purchases for residential customers from sales and use tax during winter months.

New Jersey A2866 exempts the retail sales of natural gas and electricity for residential customers from the sales and use tax from December 1 to April 15 each year. Public utilities must deduct the tax amount from customers' bills at the end of each monthly billing cycle. This bill aims to provide relief to residents facing increased energy costs due to inflation and global disruptions.