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NJ Sales Tax Rebate Sought in Storm Rebuilding

Democrats who lead the New Jersey Assembly have introduced legislation that would provide sales tax rebates to property owners and small businesses rebuilding after Superstorm Sandy.

Construction
Flick User Kate Ter Haar

Assembly Speaker Sheila Oliver and Majority Leader Lou Greenwald introduced the bill Monday to provide sales tax rebates on construction supplies and services bought between Oct. 30, 2012 and Jan. 1, 2014.

Oliver says the Legislature’s top priority is finding ways to help New Jerseyans affected by Sandy and the bill would help move the recovery forward.

The legislators say a similar rebate bill became law after Tropical Storm Floyd in 1999.

The measure allows for sales tax rebates with receipts on construction materials, carpeting, appliances, vehicles, contracting services and more.

Rebates would be offered only on goods and services for primary residences.

 

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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