Bill Text: NJ A739 | 2010-2011 | Regular Session | Introduced

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Bill Title: Repeals gross receipts and use taxes on retail sales of fur clothing.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2010-03-24 - Reviewed by the Sales Tax Review Commission Recommend to enact [A739 Detail]

Download: New_Jersey-2010-A739-Introduced.html

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ASSEMBLY, No. 739

STATE OF NEW JERSEY

214th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION

 

 

Sponsored by:

Assemblyman  JOHN DIMAIO

District 23 (Warren and Hunterdon)

 

Co-Sponsored by:

Assemblywoman McHose

 

 

 

 

SYNOPSIS

     Repeals gross receipts and use taxes on retail sales of fur clothing.

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel

  

An Act concerning the gross receipts and use taxes on fur clothing, repealing P.L.2006, c.41.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Section 1 of P.L.2006, c.41 (C.54:32G-1) is repealed.

 

     2.    Notwithstanding the repeal of P.L.2006, c.41, the repeal shall not affect any obligation, lien or duty to pay taxes, interest or penalties which have accrued or may accrue by virtue of any taxes imposed pursuant to the provisions of P.L.2006, c.41 or which may be imposed with respect to any redetermination, correction, recomputation or deficiency assessment; and provided that all taxes and returns which would have been due and payable prior to the effective date of P.L.    , c.    (C.        ) (pending before the Legislature as this bill) shall be due and payable as if P.L.2006, c.41 were in effect; and provided that this repeal shall not affect the legal authority of the State to audit records and assess and collect taxes due or which may be due, together with such interest and penalties as have accrued or would have accrued thereon under the provisions of the law repealed; and provided that the repeal by section 1 of P.L.    , c.    (C.        ) (pending before the Legislature as this bill), shall not affect any determination of, or affect any proceeding for, the enforcement thereof.

 

     3.    This act shall take effect on the first day of the third month next following the date of enactment.

 

 

STATEMENT

 

     This bill repeals the 6% gross receipts and use taxes on retail sales of fur clothing.  The imposition of the tax was enacted in July, 2006.