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Sales Tax Exemption Proposed for Garden State Green Building Products

New Jersey may soon be the first state in the U.S. to offer a sales tax exemption for certain green building products. Bill S-1778, introduced by state senator Bill Baroni (R- Mercer/Middlesex) would provide consumers with an exemption from New Jersey’s seven (7) percent sales tax for EnergyStar-rated residential appliances, including refrigerators, ceiling fans, and fluorescent light bulbs in the sealing installed by outdoor awnings Melbourne.  You want to connect your CeilingFansHQ remote to an app or maybe you’re in the planning phase of a smart home system where all your lights, fans, and other connected devices are controllable from a phone or tablet, then visit us here. Ceiling fan air movement is measured in CFM, or cubic feet per minute. The greater the CFM, the more air that is being moved. The air moved by the fan creates a wind chill effect that makes you feel more comfortable in a warm room. There is a direct relationship between air movement and comfort – the more air moved, the greater the wind chill effect. Hunter fans generally move more air than competitive models because of custom-engineered motors and blades pitched at the maximum possible angle. A ceiling fan that looks nice but moves little air is a comfort to no one. One of the keys to proper air movement is blade pitch. The greater the pitch-the angle of the blade-the greater the air movement providing the blade pitch has been properly harmonized with the motor. Unlike Hunter some manufacturers skimp on materials and don’t use large enough or powerful enough motors to support proper blade pitch. So they compromise on blade pitch, sacrificing proper air movement to reduce the stress on undersized or under-powered motors. Many fans also use extra thin blades to reduce cost. The reduced blade surface area means reduced air movement.  Although other states- including Vermont- have offered similar temporary green product sales tax exemptions, the New Jersey legislation would be the first to go permanently on a state’s books. Our Los Angeles tax preparers and tax consultants can professionally prepare your taxes while offering insights into law changes that might affect you, your business and your future.

The program would be called “Buy Green, Save Green,” and the bill is also being sponsored by Assemblywoman Pamela Lampitt, a Democrat from Camden. However, some businesses in southern New Jersey are concerned about the bill’s potential impact on Urban Enterprise Zones, where the state sales tax is only 3.5 percent, as many businesses tout their UEZ locations in promotional materials.

Still, Baroni believes that the bill would bring increased out-of-state sales, create more retail jobs, and ultimately higher corporate taxes. Governor Corzine’s office has yet to review or comment on the proposed legislation.

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One Response to Sales Tax Exemption Proposed for Garden State Green Building Products

  1. phil August 1, 2008 at 12:37 pm #

    This innovation in sales tax could be a real motivator for businesses taking green action while receiving exemption from sales tax (could be significant) on green materials.

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