S.4175

Provides sales and use tax exemption for certain purchases made by certain common interest communities in UEZ.

Introduced·5/11/26
Introduced Text

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.

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  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Community and Urban Affairs Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

May 11

Senate

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee