New Jersey A 4018: Aligns timeframe for renewal of disability identification card and placard with renewal of driver's license.

Bill Text

A4018 

ASSEMBLY, No. 4018 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

INTRODUCED FEBRUARY 12, 2026

Sponsored by:

Assemblyman� ALEX SAUICKIE

District 12 (Burlington, Middlesex, Monmouth and Ocean)

Co-Sponsored by:

Assemblywoman Fantasia

SYNOPSIS

���� "Energy Cost Reduction Act"; exempts 
purchases of natural gas and electricity for residential customers from sales 
and use tax. 

CURRENT VERSION OF TEXT 

���� As introduced.

�� 

An Act exempting certain purchases of natural gas and 
electricity from taxation under the sales and use tax, designated as the 
"Energy Cost Reduction Act," and supplementing P.L.1966, c.30 
(C.54:32B-1 et seq.).

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� a.� Receipts from the 
retail sales of natural gas and electricity for residential use shall be exempt 
from the tax imposed pursuant to the �Sales and Use Tax Act,� P.L.1966, c.30 
(C.54:32B-1 et seq.).

���� b.��� A public utility that 
provides natural gas or electrical services for residential customers shall, at 
the conclusion of each monthly billing cycle, deduct from each customer�s bill 
the amount that represents the State sales and use tax otherwise due on the 
retail sale.

���� c.���� The Director of the 
Division of Taxation, in consultation with the Board of Public Utilities, shall 
adopt rules and regulations in accordance with the �Administrative Procedure 
Act,� P.L.1968, c.410 (C.52:14B-1 et seq.) as deemed necessary to implement the 
provisions of this section.

���� 2.��� This act shall take 
effect immediately.

STATEMENT

���� This bill, designated as the 
"Energy Cost Reduction Act," exempts from the State sales and use tax 
the retail sales of natural gas and electrical services for residential 
customers.� Public utilities that provide natural gas and electric services 
would be required, at the conclusion of each monthly billing cycle, to deduct 
from each customer�s bill the amount that represents the sales and use tax.

���� By exempting the purchase of 
natural gas and electrical services from the sales and use tax, residents will 
be able to find some measure of relief in the face of rising costs.