[First Reprint]

SENATE, No. 1988

STATE OF NEW JERSEY

214th LEGISLATURE

 

INTRODUCED MAY 27, 2010

 


 

Sponsored by:

Senator  PAUL A. SARLO

District 36 (Bergen, Essex and Passaic)

Senator  JOSEPH M. KYRILLOS, JR.

District 13 (Middlesex and Monmouth)

Assemblyman  GORDON M. JOHNSON

District 37 (Bergen)

Assemblyman  TROY SINGLETON

District 7 (Burlington and Camden)

Assemblyman  PAUL D. MORIARTY

District 4 (Camden and Gloucester)

 

Co-Sponsored by:

Senators Oroho, Gordon, Ruiz, Turner, Stack, Cunningham, Van Drew, Beach, Gill, Scutari, Assemblymen Prieto, Giblin, Assemblywoman McHose, Assemblymen Chivukula and Diegnan

 

 

 

 

SYNOPSIS

     Phases out cosmetic medical procedure gross receipts tax.

 

CURRENT VERSION OF TEXT

     As reported by the Senate Budget and Appropriations Committee on September 22, 2011, with amendments.

  


An Act phasing out the cosmetic medical procedure gross receipts tax, supplementing P.L.2004, c.53 (C.54:32E-1 et seq.).  

 

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

 

     1.    Notwithstanding the provisions of section 1 of P.L.2004, c.53 (C.54:32E-1), the tax which shall be paid pursuant to P.L.2004, c.53 (C.54:32E-1 et seq.) shall be imposed:  (1) at the rate of 4% on the gross receipts from a cosmetic medical procedure performed on or after 1[July 1, 2010] the first day of the calendar quarter beginning after the date of enactment of P.L.    , c.     (pending before the Legislature as this bill)1 but before July 1, 1[2011] 20121, (2) at the rate of 2% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 1[2011] 20121 but before July 1, 1[2012] 20131, and (3) at the rate of 0% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 1[2012] 20131

 

     2.    This act shall take effect immediately.