Exempts sales of pet medication purchased from sales and use tax.

This bill exempts certain medications for companion pets from New Jersey's sales and use tax. It applies specifically to drugs prescribed by licensed veterinarians or recognized by state pharmacy/veterinary boards for treating illness or injury in pets kept as household companions (not for research or business). The exemption covers medications that diagnose, cure, treat, or prevent disease, but excludes pet food, supplements, or products marketed as dietary aids. The tax change would take effect starting the first full quarter after the bill becomes law.