Exempts from "Sales and Use Tax Act" certain retail sales of computers and school supplies; allows $500 gross income tax deduction to teachers purchasing school supplies for classroom use.

This bill exempts year-round retail sales of specific school-related items from New Jersey's sales tax, including computers under $3,000, school supplies (like pens and notebooks), art supplies, instructional materials, and school computer supplies under $1,000. It also creates a $500 annual deduction from gross income for eligible K-12 teachers (public or private schools) who pay out-of-pocket for unreimbursed classroom supplies, such as books, art materials, or technology. The tax exemption applies to all sales after the fourth month following enactment, replacing the previous temporary back-to-school sales tax holiday. The bill directly affects students (through reduced costs for school items) and teachers (through tax relief for classroom expenses).