Reinstates annual sales tax holiday for retail sales of computers, school computer supplies, school supplies, school art supplies, school instructional materials, and sport or recreation equipment.

This bill reinstates an annual sales tax holiday for specific school-related purchases in New Jersey. It exempts retail sales of computers under $3,000, school computer supplies under $1,000, school supplies, art supplies, instructional materials, and sport/recreation equipment when bought by individuals for non-business use. The tax exemption applies during a defined 10-day period each year: from 12:01 a.m. on the ninth day before the first Monday in September through 11:59 p.m. on that Monday. The bill takes immediate effect and applies to sales occurring at least 30 days after enactment.