Bill Text: NJ A3646 | 2010-2011 | Regular Session | Amended

New Jersey Assembly Bill 3646 (Prior Session Legislation)

Bill Title: Phases out cosmetic medical procedure gross receipts tax.*

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Introduced - Dead) 2011-12-01 - Reported out of Assembly Comm. with Amendments, 2nd Reading [A3646 Detail]

Download: New_Jersey-2010-A3646-Amended.html

[First Reprint]

ASSEMBLY, No. 3646

STATE OF NEW JERSEY

214th LEGISLATURE

INTRODUCED JANUARY 6, 2011

Sponsored by:

Assemblyman GORDON M. JOHNSON

District 37 (Bergen)

Co-Sponsored by:

Assemblymen Prieto and Giblin

SYNOPSIS

Phases out cosmetic medical procedure gross receipts tax.

CURRENT VERSION OF TEXT

As reported by the Assembly Appropriations Committee on December 1, 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, 2011] 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, 2012, (2) at the rate of 2% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 2012 but before July 1, 2013, and (3) at the rate of 0% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 2013.