Eliminates transaction nexus requirement under Sales and Use Tax and Corporation Business Tax.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill eliminates the ‘transaction nexus’ requirement for both the Sales and Use Tax and the Corporation Business Tax in New Jersey. Previously, businesses needed a physical presence or a certain level of sales activity to be required to collect and remit these taxes. This legislation removes these thresholds, meaning businesses can sell into New Jersey without being subject to these taxes unless they meet specific revenue criteria. It amends existing tax laws to reflect this change.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Third Reading Reprint
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours