Exempts from sales and use tax sales of carbon monoxide detectors and any device or equipment sold for residential use to detect, warn of, abate, or extinguish fires.

This bill exempts the sale of residential fire safety devices, including carbon monoxide detectors, smoke alarms, fire extinguishers, and other equipment designed to detect, warn of, or extinguish fires, from New Jersey's sales and use tax. The exemption applies only to devices meeting Underwriters Laboratories standards or equivalent at the time of purchase. Homeowners purchasing these safety products will save money on the tax, as the exemption covers all qualifying items sold for residential use. The law takes effect immediately and applies to sales starting four months after enactment.