If enacted, New Jersey would waive state sales tax on eligible goods costing up to $3,000 each when individuals buy them for personal use during August’s third weekend.
Starting with a third weekend of August at least 30 days after enactment, shoppers would skip state sales tax on goods for personal use costing up to $3,000 each. Prepared food, alcohol, tobacco and vaping products, cannabis items, and intoxicating hemp drinks would be excluded.
New Jersey would waive state sales tax on eligible purchases during one weekend each year. It would cover goods costing $3,000 or less per item when individuals buy them for personal use, not business use. Prepared food, alcohol, tobacco and vaping products, cannabis items, and intoxicating hemp drinks would be excluded. The law would take effect upon enactment and apply to qualifying weekends at least 30 days later. Each tax break would run from 12:01 a.m. Saturday through 11:59 p.m. Sunday on August’s third weekend.
No hearings or votes scheduled.