New Jersey S4175 provides a sales and use tax exemption for certain purchases made by large common interest communities in urban enterprise zones.

New Jersey S4175 creates a sales and use tax exemption for certain purchases made by large common interest communities in urban enterprise zones. Specifically, it exempts receipts from the first $300,000 of annual retail sales of materials, supplies, and services for erecting structures or buildings, or maintaining, improving, altering, or repairing the real property of a large common interest community in an urban enterprise zone.

New Jersey S4175 provides a sales and use tax exemption for certain purchases made by large common interest communities in urban enterprise zones.

New Jersey S4175 creates a sales and use tax exemption for certain purchases made by large common interest communities in urban enterprise zones. Specifically, it exempts receipts from the first $300,000 of annual retail sales of materials, supplies, and services for erecting structures or buildings, or maintaining, improving, altering, or repairing the real property of a large common interest community in an urban enterprise zone.