Exempts retail sales of used motor vehicles from New Jersey sales and use tax.

This bill exempts retail sales of used motor vehicles from the New Jersey sales and use tax. Used motor vehicles include passenger motor vehicles, motorcycles, motor homes, and off-road vehicles. The tax exemption applies to all sales, whether by private sale, casual sale, or sale by a motor vehicle dealer. The exemption takes effect on the first day of the second month after the date of enactment.

Exempts retail sales of used motor vehicles from New Jersey sales and use tax.

This bill exempts retail sales of used motor vehicles from the New Jersey sales and use tax. Used motor vehicles include passenger motor vehicles, motorcycles, motor homes, and off-road vehicles. The tax exemption applies to all sales, whether by private sale, casual sale, or sale by a motor vehicle dealer. The exemption takes effect on the first day of the second month after the date of enactment.