New Jersey legislation · 2026-2027 Regular Session
New Jersey A5656: Sales & use tax exemption-provide for cert purchases; communities in UEZ
Status: In committee, October 19, 2026
Provides sales and use tax exemption for certain purchases made by certain common interest communities in UEZ.
What the bill says
An Act concerning the imposition of the sales and use tax on certain common interest communities in urban enterprise zones and supplementing P.L.1983, c.303 (C.52:27H-60 et seq.).
From the introduced text, October 19, 2026:
An Act concerning the imposition of the sales and use tax on certain common interest communities in urban enterprise zones and supplementing P.L.1983, c.303 (C.52:27H-60 et seq.). Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. a. Notwithstanding the provisions of section 20 of P.L.1983, c.303 (C.52:27H-79), receipts from the first $300,000 of annual retail sales of materials, supplies, and services for the exclusive use of erecting structures or buildings on, or maintaining, improving, altering, or repairing the real property of a large common interest community in an urban enterprise zone, or a contractor hired by the common interest community to make such improvements, alterations, or repairs, are exempt from the taxes imposed under the "Sales and Use Tax Act," P.L.1966, c.30 (C.54:32B-1 et seq.). b. As used in this section, "large common interest community" means a horizontal property regime, condominium, homeowner association, cooperative, or mutual housing corporation with at least 1,000 units, in which some of the property, commonly known as "common elements" or "common areas," are owned or controlled by the unit or association owners or members. 2. This act shall take effect immediately. STATEMENT Under current law, receipts from the first $100,000 of annual retail sales of tangible personal property (except motor vehicles and energy) and sales of services (except …
Sponsors
- Larry Wainstein (D, 33) · primary sponsor
Latest actions
- : INT 1RA REF AHO
Subjects: TAXATION - SALES TAX, ECONOMIC DEVELOPMENT - INTERNATIONAL, STATE AND REGIONAL
Common questions
- What is A5656?
- A5656 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Sales & use tax exemption-provide for cert purchases; communities in UEZ.
- What does A5656 do?
- In its own words: An Act concerning the imposition of the sales and use tax on certain common interest communities in urban enterprise zones and supplementing P.L.1983, c.303 (C.52:27H-60 et seq.).
- What is the status of A5656?
- In committee as of October 19, 2026. Latest action: INT 1RA REF AHO (October 19, 2026).
- Who sponsored A5656?
- Larry Wainstein (D, 33).
- Where is the official record for A5656?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A5656
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.