Bill

Bill > A3234


NJ A3234

NJ A3234
Exempts sales of pet food purchased for pets from the sales and use tax.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would exempt from taxation under the "Sales and Use Tax Act," P.L.1966, c.30 (C.54:32B-1 et seq.), receipts from the sale of pet food. Pets are valuable companions to persons of all ages and add significantly to the lives of their owners and family members. The annual cost of keeping a pet can be substantial in some instances. The provisions of this bill will help reduce that cost, and thereby encourage more people to keep pets and enjoy the companionship and benefits they provide.

AI Summary

This bill would exempt the sale of pet food from the state's sales and use tax. Pets are considered valuable companions that provide significant benefits to their owners, and this tax exemption is intended to help reduce the annual cost of keeping a pet, thereby encouraging more people to own pets and enjoy the companionship and other benefits they provide.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee (on 01/09/2024)

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