Bill

Bill > A2908


NJ A2908

NJ A2908
Exempts purchases of natural gas and electricity for residential customers from sales and use tax.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 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 purchases of natural gas and electricity for residential customers from the State sales and use tax, meaning residents will no longer have to pay this tax on their utility bills for these services. Public utilities that provide these services are required to remove the sales and use tax amount from each customer's monthly bill. This measure is intended to provide financial relief to residents facing increasing costs for essential utilities.

Committee Categories

Transportation and Infrastructure

Sponsors (5)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)

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