Oliver & Greenwald: Provide Sales Tax Rebate for Individuals and Small Businesses Affected by Sandy

Relief Bill Modeled After Help Given to 1999 Floyd Victims

(TRENTON) – Assembly Speaker Sheila Oliver and Assembly Majority Leader Lou Greenwald on Tuesday announced they’ve introduced legislation to provide a sales tax rebate for goods and services purchased by individuals and small businesses affected by Hurricane Sandy.

The bill (A-3065) was introduced Monday. The Assembly leaders said they moved to introduce it to help start discussion of the idea as legislators look to help those impacted by the storm. They noted a similar bill was signed into law after Tropical Storm Floyd hit the state in 1999.

“Our top goal as we move toward recovery must be on finding ways to help New Jerseyans affected by Sandy, and this rebate would be much-needed assistance for individuals and small business owners alike as they look to rebuild,” said Oliver (D-Essex/Passaic). “This will help move our recovery forward, and any savings will undoubtedly prove beneficial to those affected.”

“This will provide relief to residents and small businesses, while helping spark economic activity in our state as we look to rebuild,” said Greenwald (D-Camden/Burlington). “As we move forward, we need to find ways to ease the recovery and rebuilding as much as possible, and this would put more money back in the pockets of those devastated by the storm..."

To read more, please visit the New Jersey General Assembly Democratic Office Web site.

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