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

A4974 • 2026

Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.

Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.

Energy Taxes
Passed Legislature

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

Sponsor
Rumpf, Brian E.
Last action
2026-05-07
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.

Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.

Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.

What This Bill Does

  • Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.
  • 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. 2026-05-07 New Jersey Legislature

    Introduced, Referred to Assembly Telecommunications and Utilities Committee

Official Summary Text

Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.
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 
A4974

ASSEMBLY, No. 4974

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED MAY 7, 2026

Sponsored by:

Assemblyman� BRIAN E. RUMPF

District 9 (Ocean)

Assemblyman� GREGORY E. MYHRE

District 9 (Ocean)

SYNOPSIS

���� Provides 10-year sales and use tax exemption for
sales of materials, supplies, and services for certain energy infrastructure
projects.

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act
providing a temporary sales and use tax exemption for
sales of materials, supplies, and services for certain energy infrastructure
projects.

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

���� 1.��� a.� Receipts from sales
made to contractors, subcontractors, or repairmen of materials, supplies, or services
that are exclusively used for the completion of a qualified energy
infrastructure project shall be exempt from the tax imposed under the �Sales
and Use Tax Act,� P.L.1966, c.30 (C.54:32B-1 et seq.) for the duration of the
exemption period.

���� b.��� As used in this section:

���� �Exemption period� means the
period beginning on or after January 1 of the year next following the date of
enactment of P.L. , c. (C. )
(pending before the Legislature as this bill) and ending on December 31 of the
tenth year following the date of enactment of P.L.��� , c.��� (C.������� )
(pending before the Legislature as this bill).

���� �Qualified energy
infrastructure project� means the construction of a new energy generation
facility or a major improvement made to an existing energy generation facility.�
A qualified energy infrastructure project shall include, but not be limited to,
the completion of a new energy storage system or an improvement to an existing
energy storage system at an energy generation facility.

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

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

STATEMENT

���� This bill provides a 10-year
sales and use tax exemption for sales made to contractors, subcontractors, or
repairmen of materials, supplies, or services that are exclusively used for the
completion of a qualified energy infrastructure project.

���� A qualified energy
infrastructure project is defined as the construction of a new energy
generation facility or a major improvement made to an existing energy
generation facility.� The bill specifically includes as a qualified energy
infrastructure project the completion of a new energy storage system or an
improvement to an existing energy storage system at an energy generation
facility.

���� The sales and use tax exemption
period would begin on or after January 1 of the year next following the date of
the bill�s enactment and end on December 31 of the tenth year following the
date on which the exemption period first began.� �