summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill establishes an annual four-day New Jersey sales tax holiday to cover the popular, early seasonal shopping days after Thanksgiving. The sales tax holiday will extend from what has been called "Black Friday," and include that Saturday, also known as "Small Business Saturday, the next day of Sunday, and extend through what has been termed "Cyber Monday. Black Friday is a colloquial term for the Friday after Thanksgiving. It traditionally marks the start of the Holiday shopping season. Many stores offer highly promoted sales at discounted prices and often open early, sometimes as early as midnight. Small Business Saturday is an American shopping holiday held during the Saturday after Thanksgiving during one of the busiest shopping periods of the year. It is always the last Saturday in November. Starting in 2010 and officially cosponsored by Small Business Administration since 2011, Small Business Saturday has become an important part of small businesses' holiday shopping season. Small businesses create local jobs and pay local taxes, which keeps money circulating within communities. By doing their shopping at local small businesses, customers can directly support their neighbors and help benefit their local economies. Shopping small for the holidays can also be environmentally friendly. When locally owned businesses locally source raw materials or manufactured products, it reduces the distance that goods travel, and often involve less packaging making for a smaller carbon footprint. Local retailers' websites and social media pages often promote special store offerings, hours and event announcements in the days leading up to Small Business Saturday.Cyber Monday is the marketing term for e-commerce transactions on the Monday after Thanksgiving. It was created by retailers to encourage people to shop online and offers a way for smaller retail websites to compete with larger chains. Beginning in 2005, it has become the largest online shopping day of the year.
AI Summary
This bill establishes an annual four-day sales tax holiday in New Jersey, exempting receipts from retail sales of tangible personal property from the state's sales and use tax. This exemption will apply each year from 12:01 a.m. on the Friday after Thanksgiving, commonly known as "Black Friday" and the start of the holiday shopping season, through 11:59 p.m. on the Monday after Thanksgiving, known as "Cyber Monday," which is a term for online shopping. The bill also allows the Director of the Division of Taxation to adopt emergency regulations to implement these provisions quickly, ensuring compliance with the Streamlined Sales and Use Tax Agreement, and the act takes effect immediately upon passage.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/13/2026)
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/2026/A359 |
| BillText | https://pub.njleg.gov/Bills/2026/A0500/359_I1.HTM |
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