NJ Residents Hit By Sandy May Soon Be Able To Get Cash Back
TRENTON, NJ (CBS) – For New Jersey residents cleaning up more than three weeks after Hurricane Sandy, there’s a push in the state legislature to give them a bit of a break on the taxes they’ve been paying.
A bill introduced by Cherry Hill Assemblyman and Majority Leader Lou Greenwald would give sales tax rebates to those replacing cars and appliances, or purchasing construction materials and services starting October 30th and continuing through the end of next year.
“There’s gonna be a requirement that they show an insurance claim, that there is proof of damage from the storm. It’s limited to storm related damage,” he said.
Homeowners and small businesses could take advantage of the plan, but it does not include any second homes down the shore.
A similar offer was made in the aftermath of Tropical Storm Floyd in 1999. Quick action is expected on the measure.