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Bill > S2650


NJ S2650

NJ S2650
Exempts from sales and use tax sales of carbon monoxide detectors and any device or equipment sold for residential use to detect, warn of, abate, or extinguish fires.


summary

Introduced
02/12/2024
In Committee
02/12/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill exempts from the New Jersey sales and use tax sales of smoke alarms, smoke detectors, fire alarms, heat-activated sprinkler systems, fire extinguishers, or any other devices or equipment sold for residential use to detect, warn of, abate, or extinguish fires, or to detect or warn of the presence of carbon monoxide.

AI Summary

This bill exempts from New Jersey's sales and use tax, which is a tax on the sale and rental of tangible personal property and specified services, the purchase of devices and equipment used for residential safety, specifically including carbon monoxide detectors, smoke alarms, fire alarms, heat-activated sprinkler systems, and fire extinguishers, as long as these items meet the latest Underwriters Laboratories (UL) standards or an equivalent at the time of sale, and this exemption will be effective immediately, applying to sales made on or after the first day of the fourth month following the bill's enactment.

Committee Categories

Justice

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 02/12/2024)

bill text


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