NJ tax holiday? Not this year; state drops back-to-school shopping plan

The state has ended its two-year-old program.

When is tax-free back to school?

There will not be a tax holiday this year in New Jersey for the back-to-school season.

New Jersey introduced a tax holiday in 2022 in time for back-to-school shopping.

The program dropped taxes on art and school supplies, sports and recreational equipment, computer equipment, and laptops.

The program returned for the 2023 back-to-school shopping period.

However, in a bill signed in late July, the tax relief was removed from tax regulations.

What is a tax holiday?

A tax holiday is a temporary period — typically a week or so — during which sales taxes are reduced or eliminated to encourage buying and help taxpayers spend less.

Tax holidays are generally scheduled around major buying periods, like winter holidays or back-to-school.