On July 1, 2018, just 10 days after being introduced, the New Jersey Legislature (both houses) passed Assembly Bill 4261 which will require remote sellers with over $100,000 in sales or 200 or more separate transactions in the current or prior calendar year to collect and remit sales and use tax. Bill 4261 has the same threshold amounts as those in the South Dakota bill at issue in South Dakota v. Wayfair Inc. This bill also contains provisions requiring certain marketplace facilitators to collect and remit sales tax.
Assembly Bill 4261 still requires the Governor's signature but has a prospective effective date of October 1, 2018. The full text of the bill can be found here.
