"Road to Tax Relief Act"; provides credit for sales tax remittances for businesses impacted by public highway projects, including Interstate 80 project; provides tax credits for certain businesses and persons impacted by same projects; makes appropriation.

The "Road to Tax Relief Act" (S 4370) provides tax relief to small businesses and employees in New Jersey affected by public highway projects, such as the ongoing Interstate 80 repair project in Morris County. It creates refundable credits against sales tax remittances for retail businesses operating in "impacted construction zones" (areas where highway projects restrict traffic or access), calculated based on revenue losses compared to previous years. The bill also offers credits for business revenue losses and employee lost wages, requiring businesses and employees to apply for certification of these losses from the Division of Taxation. Credits can be transferred to other taxpayers in some cases, and the bill appropriates funds from the General Fund to cover these tax credits.