NJ to temporarily suspend sales tax on school supplies

New Jersey will temporarily suspend sales tax on a variety of school supplies at the end of August to provide relief to consumers as inflation continues to rise.

Gov. Phil Murphy (D) said in a statement posted on the governor’s website that he and legislative leaders have reached an agreement to implement a sales tax holiday on supplies from Aug. 27 to Sept. 5. Tax-exempt supplies will include school supplies like pens, notebooks and binders, school art supplies like paints and brushes, and learning materials like textbooks and exercise books.

The tax suspension will also cover computers and school IT supplies like printers and storage equipment, the statement said.

“A back-to-school tax holiday has long been talked about, and with inflation a central concern around the kitchen table for many of our residents, now is the time to do it,” Murphy said. “This program will reduce the cost of the most essential items needed for educational success and help make New Jersey more affordable for our students and families.”

State Assembly Speaker Craig Coughlin (D) said in the statement that the tax exemption is expected to reduce the cost of school supplies for 2 million families with children in K-12, teachers and students.

State Assemblyman Paul Moriarty (D) said the average family spends up to $250 per child on school supplies and the average teacher spends about $600 on school supplies each year.

“These are significant expenses, but necessary for an important reason – to ensure that students and teachers have what they need for a successful school year,” he said. “Prices are rising and inflation shows no sign of abating. Now more than ever, it’s critical to help families cut costs where they can. »

State Senate Minority Leader Steven Oroho (R) said in a statement to The Hill that he did not believe the vacation would bring “substantial relief” to families. He said state Senate Republicans offered $8 billion in tax relief in their budget plan, which includes $1,500 in immediate tax refunds.

“And do we really expect people to wait until the very last week to start preparing for the next school year,” Oroho said. “Trenton Democrats have lost touch with reality.”

President Biden announced on Wednesday that he was calling on Congress to pass a temporary suspension of the federal gasoline and diesel fuel tax and encouraging governors to do the same on state gasoline taxes.


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