Provides for reduced sales tax imposition on certain sales in certain Highlands Region Preservation Area municipalities.

This bill creates a 50% reduction in the state sales tax for eligible retail sales in municipalities where 99% or more of the area is designated as part of the Highlands Region Preservation Area. It applies to physical stores (not mail-order) selling most goods, excluding motor vehicles, alcohol, digital products, and cigarettes. The exemption directly benefits retailers and local economies in these designated municipalities by reducing tax burdens on qualifying sales. The law takes effect four months after enactment.