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S 3962·NJ·senate

Exempts purchases of natural gas and electricity for residential customers from sales and use tax.

In CommitteeFiled Mar 19, 2026
Sponsor: Amato, Carmen F.
Latest Action

Introduced First Reading Senate Referred to SEG

Mar 19, 2026

Summary

The bill removes the state sales and use tax from retail sales of natural gas and electricity used in homes. It requires utilities to subtract the tax amount from each monthly bill. The change is intended to give homeowners some relief as energy costs rise.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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