Bill Text: NJ A529 | 2014-2015 | Regular Session | Introduced

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Bill Title: Exempts from sales and use tax sale of pet medications; designated as "Fritz's Law."

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2014-04-09 - Reviewed by the Sales Tax Review Commission Recommend to not enact [A529 Detail]

Download: New_Jersey-2014-A529-Introduced.html

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ASSEMBLY, No. 529

STATE OF NEW JERSEY

216th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2014 SESSION

 

 

Sponsored by:

Assemblyman  ERIK PETERSON

District 23 (Hunterdon, Somerset and Warren)

Assemblyman  CRAIG J. COUGHLIN

District 19 (Middlesex)

 

 

 

 

SYNOPSIS

     Exempts from sales and use tax sale of pet medications; designated as "Fritz's Law."

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel

  

An Act exempting pet medications from the sales and use tax and designated as "Fritz's Law," and supplementing P.L.1966, c.30 (C.54:32B-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Receipts from the sales of pet medications are exempt from the tax imposed under the "Sales and Use Tax Act," P.L.1966, c.30 (C.54:32B-1 et seq.).  For the purposes of this section, "pet" means any domesticated animal normally maintained in or near the household of the owner thereof.

 

     2.    This act shall take effect immediately and apply to sales made on or after the first day of the second month following the date of enactment.

 

 

STATEMENT

 

     This bill, to be known as "Fritz's Law," would exempt from the sales and use tax the sale of pet medications.  As defined in the bill, "pet" means any domesticated animal normally maintained in or near the household of the owner thereof.