Exempts retail sales of used motor vehicles from New Jersey sales and use tax.

This bill exempts the retail sale of used passenger cars, motorcycles, motor homes, and off-road vehicles from New Jersey's sales and use tax. It applies to all transactions - private sales, casual sales, and dealer sales - where the vehicle has been previously owned and title transferred from the original buyer. The tax exemption covers both in-state sales and out-of-state purchases, removing the tax obligation for these secondhand vehicle transactions. This change directly affects buyers and sellers of used motor vehicles in New Jersey by reducing the cost of these purchases.