Establishes annual sales tax holiday for certain retail sales of computers, school computer supplies, school supplies, school art supplies, and school instructional materials.

S 1588 creates an annual two-month sales tax holiday in New Jersey for eligible school-related purchases during August and September. It exempts from tax individual shoppers buying computers under $3,000, school computer supplies under $1,000, and specific school supplies (like notebooks and art materials), school art supplies, and instructional materials (such as textbooks and maps) for non-business use. The tax-free period runs from August 1 to September 30 each year, directly benefiting families preparing for the school year. This policy aligns with similar tax holidays in 19 states, providing immediate savings without requiring special applications or rebates.