07 Mar: Bryant / Buono Measure Would Simplify The State’s Sales Tax And Raise $40M In Revenue

TRENTON – A measure sponsored by Senators Wayne R. Bryant and Barbara Buono that would streamline New Jersey’s sales tax to be more simplified for companies and consumers and work to urge congressional passage of a measure to impose sales tax on Internet sales was approved today by the Senate Budget and Appropriations Committee.

“In its current form, New Jersey’s sales tax can be confusing both to consumers and companies looking to do business in the State,” said Senator Bryant, D-Camden. “This measure would develop a clearer set of rules for determining what items are and are not taxable.”