S4320 — Increases sales and use tax from 6.625 percent to 7 percent for seven years, beginning July 1, 2020, and dedicates portion of sales and use tax revenue to NJT Corporation.

S4320 — Increases sales and use tax from 6.625 percent to 7 percent for seven years, beginning July 1, 2020, and dedicates portion of sales and use tax revenue to NJT Corporation. · Informed CitizenryThis bill provides for a temporary increase in the New Jersey sales and use tax from 6.625 percent to 7 percent, effective July 1, 2020, through June 30, 2027. The legislation dedicates a portion o…Open in Informed Citizenry