Bill
Bill > A4788
NJ A4788
NJ A4788Exempts purchases of natural gas and electricity for residential customers from sales and use tax.
summary
Introduced
09/19/2024
09/19/2024
In Committee
09/19/2024
09/19/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill exempts from the State sales and use tax the retail sales of natural gas and electrical services for residential customers. Public utilities that provide natural gas and electric services would be required, at the conclusion of each monthly billing cycle, to deduct from each customer's bill the amount that represents the sales and use tax. By exempting the purchase of natural gas and electrical services from the sales and use tax, residents will be able to find some measure of relief in the face of rising costs.
AI Summary
This bill exempts the retail sales of natural gas and electrical services for residential customers from the state sales and use tax. Public utilities that provide natural gas and electric services would be required to deduct the amount of the sales and use tax from each customer's monthly bill. This is intended to provide residents with some relief from rising energy costs.
Committee Categories
Transportation and Infrastructure
Sponsors (6)
Alex Sauickie (R)*,
Bob Auth (R),
Dawn Fantasia (R),
Vicky Flynn (R),
Nancy Muñoz (R),
Gerry Scharfenberger (R),
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 09/19/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A4788 |
| BillText | https://pub.njleg.gov/Bills/2024/A5000/4788_I1.HTM |
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