(1st LEGISLATIVE DISTRICT) – Senator Jeff Van Drew and Assemblyman Bob Andrzejczak on Monday welcomed Gov. Christie’s support for their legislation to boost New Jersey’s boating and marina industry.
The lawmakers are sponsors of legislation (S-2784/A-3856) to reduce the sales tax imposed for sales and uses of boats and vessels. Christie on Monday proposed revising the bill by providing a 50 percent reduction in the sales and use tax on all boats and other vessels sold in New Jersey. The governor also proposed ensuring that the grace period for the use tax exemption be lowered from 90 to 30 days.
Van Drew and Andrzejczak said the proposed changes were acceptable to them and that they would work to get the revised bill back on the governor’s desk.
“The most important thing here is getting this bill done and doing what we can to boost New Jersey’s boating and marina industry,” Van Drew said. “Politics is the art of compromise, and working together to get things done that benefit the 1st Legislative District is always a priority. I look forward to this bill becoming law in the near future.”
“I’m very pleased that we’re moving forward with this bill under an agreement to get this into law,” Andrzejczak said. “Boosting the marina and boating industry and the jobs and economic development they create is a top priority in our region, and is something everyone should support. I’m excited about the new jobs and economic growth this bill will create.”