New Jersey A4425 provides a 50% sales and use tax exemption for certain businesses in municipalities affected by ongoing public highway projects.

New Jersey A4425 provides a 50% sales and use tax exemption for certain businesses in municipalities affected by ongoing public highway projects. The exemption applies to sellers who operate a retail business establishment within an impacted municipality during the period of the project. To qualify, sellers must apply to the Director of the Division of Taxation for approval. The bill defines "retail business establishment" as a small business with a fixed location offering goods or services. "Impacted municipality" refers to any municipality where an ongoing public highway project is located.

New Jersey A4425 provides a 50% sales and use tax exemption for certain businesses in municipalities affected by ongoing public highway projects.

New Jersey A4425 provides a 50% sales and use tax exemption for certain businesses in municipalities affected by ongoing public highway projects. The exemption applies to sellers who operate a retail business establishment within an impacted municipality during the period of the project. To qualify, sellers must apply to the Director of the Division of Taxation for approval. The bill defines "retail business establishment" as a small business with a fixed location offering goods or services. "Impacted municipality" refers to any municipality where an ongoing public highway project is located.