Tax commission supports rebate for construction of racetrack grandstand

TRENTON – The state’s Sales and Use Tax Commission met this morning to evaluate proposed legislation that could affect New Jersey’s Sales and Use Tax Law.

Commissioners voted not to support nearly all of the 23 bills listed on their agenda, with the exception of legislation that would provide a tax rebate on the purchase of supplies and materials used for building seating at the Meadowlands Racetrack and Monmouth Park.

The bill, S1329, received a unanimous vote of approval from the seven commissioners present for the meeting.

A list of bills discussed this morning:

A302 Provides temporary exemption from sales and use tax for rental of certain hotel rooms. NO

A1219 Establishes annual sales tax holiday for certain sales of personal computers and certain sales of school supplies and equipment during first full weekend in August. NO

A1322 Decreases sales and use tax rate from 7 percent to 6 percent and reduces sales and use tax base by eliminating tax on digital property and certain services and by restoring certain exclusions and exemptions. NO

A1346/S386 Phase out imposition of sales and use tax on charges for initiation fees, membership fees or dues for access to or use of certain health and fitness clubs and organizations. NO

A2016 Phases out sales and use tax on landscaping services and certain services rendered in connection with installation of carpeting and other flooring. NO

A2198 Provides sales and use tax exemption for compressed natural gas used to fuel certain bus operations. NO

A2284 Provides energy and utility services sales tax relief benefit to certain manufacturers throughout the state. NO

A2611 Provides sales and use tax exemption for sales of natural gas and charges for transportation or transmission of natural gas to certain colleges and universities. NO

A2612 Provides sales and use tax exclusion for charges for student parking provided by certain colleges and universities. NO

A2721/S1186 Exempts certain materials and labor used to convert traditional motor vehicles into plug-in hybrid electric motor vehicles from sales and use tax. NO

S285 Provides for reduced sales tax imposition on certain sales in certain Highlands Region Preservation Area municipalities. NO

S1329 Provides sales and use tax rebate on supplies and materials purchased for the construction or reconstruction of certain horse racetrack grandstands. YES

S1395 Exempts from payment certain taxes and energy charges for manufacturing facilities. NO

S1529 Removes imposition of sales and use tax on sales of massage, bodywork and somatic services. NO

S1561 Exempts from sales and use tax the sale of materials and equipment used in the manufacture of wind energy components. NO

S1584 Exempts sale of recreational safety helmets from sales and use tax. NO

S1640 Exempts from sales and use tax sales of carbon monoxide detectors and any device or equipment sold for residential use to detect, warn of, abate or extinguish fires. NO

S1669 Provides a sales and use tax exemption for sales of certain high-efficiency home heating equipment. NO

S1727 Provides sales and use tax exemption for sale of services performed to certain prewritten computer software delivered electronically. NO

S1728 Provides sales and use tax exemption for sales of certain packaging equipment. NO

  Tax commission supports rebate for construction of racetrack grandstand