KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to New Jersey

A4018 • 2026

"Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.

"Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.

Energy Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Sauickie, Alex
Last action
2026-02-12
Official status
Introduced, Referred to Assembly Telecommunications and Utilities Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

"Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.

"Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.

What This Bill Does

  • "Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.
  • Topic: Telecommunications and Utilities Fiscal note: This bill has been certified by OLS for a fiscal note.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-12 New Jersey Legislature

    Introduced, Referred to Assembly Telecommunications and Utilities Committee

Official Summary Text

"Energy Cost Reduction Act"; exempts purchases of natural gas and electricity for residential customers from sales and use tax.
Topic:
Telecommunications and Utilities
Fiscal note:
This bill has been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text 
A4018

ASSEMBLY, No. 4018

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED FEBRUARY 12, 2026

Sponsored by:

Assemblyman� ALEX SAUICKIE

District 12 (Burlington, Middlesex, Monmouth and Ocean)

Co-Sponsored by:

Assemblywoman Fantasia

SYNOPSIS

���� "Energy Cost Reduction Act"; exempts
purchases of natural gas and electricity for residential customers from sales
and use tax.

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act

exempting certain purchases of natural gas and
electricity from taxation under the sales and use tax, designated as the
"Energy Cost Reduction Act," and supplementing P.L.1966, c.30
(C.54:32B-1 et seq.).

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

���� 1.��� a.� Receipts from the
retail sales of natural gas and electricity for residential use shall be exempt
from the tax imposed pursuant to the �Sales and Use Tax Act,� P.L.1966, c.30
(C.54:32B-1 et seq.).

���� b.��� A public utility that
provides natural gas or electrical services for residential customers shall, at
the conclusion of each monthly billing cycle, deduct from each customer�s bill
the amount that represents the State sales and use tax otherwise due on the
retail sale.

���� c.���� The Director of the
Division of Taxation, in consultation with the Board of Public Utilities, shall
adopt rules and regulations in accordance with the �Administrative Procedure
Act,� P.L.1968, c.410 (C.52:14B-1 et seq.) as deemed necessary to implement the
provisions of this section.

���� 2.��� This act shall take
effect immediately.

STATEMENT

���� This bill, designated as the
"Energy Cost Reduction Act," exempts from the State sales and use tax
the retail sales of natural gas and electrical services for residential
customers.� Public utilities that provide natural gas and electric services
would be required, at the conclusion of each monthly billing cycle, to deduct
from each customer�s bill the amount that represents the sales and use tax.

���� By exempting the purchase of
natural gas and electrical services from the sales and use tax, residents will
be able to find some measure of relief in the face of rising costs.