Bill Text: NJ S3773 | 2022-2023 | Regular Session | Introduced
Bill Title: Provides sales and use tax exemption for sales of books at school book fairs.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2023-05-08 - Introduced in the Senate, Referred to Senate Education Committee [S3773 Detail]
Download: New_Jersey-2022-S3773-Introduced.html
Sponsored by:
Senator VIN GOPAL
District 11 (Monmouth)
Senator JOSEPH A. LAGANA
District 38 (Bergen and Passaic)
SYNOPSIS
Provides sales and use tax exemption for sales of books at school book fairs.
CURRENT VERSION OF TEXT
As introduced.
An Act providing a sales and use tax exemption for sales of books at school book fairs, 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. a. Receipts from the sale of books at school book fairs shall be exempt from the tax imposed under the "Sales and Use Tax Act," P.L.1966, c.30 (C.54:32B-1 et seq.).
b. As used in this section, "school book fair" means a fair held at an elementary or secondary school, at which the sale of books is offered exclusively to the students at that school and to the parents and guardians of those students.
2. This act shall take effect on the first day of the fourth month next following the date of enactment.
STATEMENT
This bill provides a sales and use tax exemption for the sale of books at school book fairs. The bill defines "school book fair" as a fair held at an elementary or secondary school, at which the sale of books is offered exclusively to the students at that school and to the parents and guardians of those students.
