Legislation would offer sales tax break to Sandy victims

TRENTON – State lawmakers want residents and businesses to receive a sales tax rebate on any goods or services purchased as a result of the superstorm Sandy.

Assembly Speaker Sheila Oliver and Majority Leader Lou Greenwald introduced A3065, which calls for rebates on items such as carpeting, construction materials, services related to such installation and work, as well as other things.

“Our top goal as we move toward recovery must be on finding ways to help New Jerseyans affected by Sandy, and this rebate would be much-needed assistance for individuals and small business owners alike as they look to rebuild,” Oliver said in a release announcing the legislation.

The bill would affect sales between Oct. 30 and Jan. 1.

Eligible items and services would include:

  • Construction materials, construction supplies, and construction equipment that are used or consumed by the storm victim, or a contractor on behalf of the storm victim, to reconstruct, repair, or rehabilitate the storm victim’s principal residence or small business that is located in this State and was damaged, destroyed, or lost as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy;
  • Carpeting and other flooring, heating and cooling systems, durable domestic appliances, and consumer electronic devices that are used or consumed to replace an identical or similar item of carpeting and other flooring, heating and cooling system, durable domestic appliance, and consumer electronic device that was damaged, destroyed, or lost as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy; and
  • Motor vehicles that are used or consumed to replace an identical or similar motor vehicle that is registered, or principally garaged, in this State and was damaged, destroyed, or lost as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy. 

The bill provides that the tax rebate similarly applies to the receipts from sales of the following services rendered on or after Oct. 30, 2012 but before Jan. 1, 2014:

  • Services to install, maintain, service, or repair construction materials, construction supplies, and construction equipment that are used or consumed to reconstruct, repair, or rehabilitate a storm victim’s principal residence or small business that is located in this State and was damaged, destroyed, or lost as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy;
  • Services to install carpeting and other flooring, heating and cooling systems, durable domestic appliances, and consumer electronic devices that are used or consumed to replace an identical or similar item of carpeting and other flooring, heating and cooling system, durable domestic appliance, and consumer electronic device that was damaged, destroyed, or lost as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy;
  • Services to maintain, service, or repair the carpeting and other flooring, heating and cooling systems, durable domestic appliances, and consumer electronic devices of a storm victim that was damaged as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy; and
  • Services to maintain, service, or repair a motor vehicle of a storm victim that is registered, or principally garaged, in this State and was damaged as a result of wind, flooding, or other storm conditions caused by or attributable to Hurricane Sandy.
Legislation would offer sales tax break to Sandy victims