The New Jersey Assembly advanced legislation sponsored by Assemblyman Ron Dancer exempting horse boarding from the state sales tax. The bill (A1045) clarifies that horse stabling, maintenance and services are not taxable.
“There has been ongoing confusion in the industry about tax responsibilities, and as a result, stables and services have closed up shop and abandoned the state,” said Dancer (R-Ocean), who has been pushing the measure since November 2013.
“Horse-related business plays an important role in our state’s economy,” Dancer continued. “Establishing clear sales tax guidelines will save New Jersey jobs and businesses. Horses are farm livestock, not ‘storage units’ in a warehouse.”
The Rutgers Equine Science Center estimates the horse industry contributes more than $1 billion to the economy in a state with more than $4 billion in equine-related assets.
(New Jersey Assembly Republicans)