Permits purchasers to submit bulk sale notifications online; requires establishment of electronic system for bulk sale notifications.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill allows purchasers of businesses to submit bulk sale notifications online, streamlining the process for the Division of Taxation. It requires the establishment of an electronic system for these notifications, improving efficiency and accessibility. The system must allow for electronic submission of notifications, confirmation of receipt, and notification of potential tax claims. This bill aims to modernize the notification process for bulk sales transactions in New Jersey.
Bill text
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Document of record
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1 on record
Primary sponsor
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