Exempts protective face coverings from sales and use tax.
Impact
The passage of A3358 would result in a significant revision to the existing tax structure concerning personal protective equipment. By exempting protective face coverings from sales tax, the bill is expected to ease financial burdens on individuals and businesses purchasing these essential items. This exemption encourages compliance with public health directives, making it more economically feasible for New Jersey residents to obtain masks and related items, potentially leading to increased usage and greater community health safety.
Summary
Assembly Bill A3358 aims to promote public health by exempting protective face coverings from New Jersey's sales and use tax. This legislative action comes in response to the ongoing COVID-19 pandemic, during which the state has mandated the use of face masks to mitigate the spread of infection. The bill defines protective face coverings as medical masks, respirators, and similar items designed to protect the wearer and others from infection or illness, thus categorizing them within the context of essential medical supplies.
Contention
While the intent of A3358 is widely viewed as a positive step towards fostering public health, there may be points of contention among stakeholders regarding its financial implications. Critics might argue that this tax exemption could affect state revenues, especially in a time when fiscal resources are strained due to the pandemic. Some business owners might also express concern about the competitive implications, as sellers of protective face coverings may adjust pricing strategies in response to the elimination of sales tax, influencing the overall market dynamics.