Establishes credit under sales and use tax for certain small businesses that collect and remit sales and use tax.

This bill establishes a 10% credit (capped at $100 per month) against sales and use tax remittances for New Jersey small businesses that collect and remit these taxes. It directly affects independently owned businesses employing fewer than 20 full-time employees. The credit is applied automatically when businesses file their monthly tax returns, though the Division of Taxation may require documentation to verify eligibility. Businesses that falsify information to claim the credit face penalties of $100 for a first offense and $200 for subsequent offenses. The credit applies to tax collections remitted on or after the first day of the sixth month following the bill's enactment.