Bramnick calls on Murphy to sign tax relief on Jersey Shore rentals
Bramnick calls on Murphy to sign tax relief on Jersey Shore rentals
TRENTON, N.J. – Assembly Republican Leader Jon Bramnick called on Gov. Phil Murphy to sign legislation fixing a 2018 law that inadvertently taxed owners of summer rentals. The bill (A4814) has been sitting on his desk since June 27.
“Quick action is needed to save what remains of the summer vacation season,” said Bramnick (R-Union). “Every day that passes with this tax still in place is less income for families to spend while on vacation at the Shore.”
Both houses of the Legislature unanimously passed the bill in June. It exempts homeowners who rent directly to vacationers from last year’s Airbnb tax, which extended the 6.625 percent sales tax and the 5 percent hotel and motel occupancy fee to private rentals of less than 90 days.