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New Jersey Assembly Rejects Bill to Eliminate Sales Tax on Energy Bills Amid Rate Hike

  • New Jersey expects an additional $85 million in sales tax revenue from a 20 percent energy rate increase
  • The Assembly is considering a bill that does not reduce utility bills
  • Assemblyman Alex Sauickie argues that residents and businesses are suffering
  • Sauickie proposes a bill to eliminate sales tax from gas and electric bills
  • His bill aimed to lower bills immediately for ratepayers
  • The bill is voted down by Trenton Democrats

Source: youtube.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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