This bill establishes a temporary sales tax exemption for small businesses that are adversely affected by ongoing public highway projects in New Jersey. Specifically, it allows small businesses operating retail establishments within designated impacted construction zones to be exempt from the sales tax for all retail sales and services during the exclusion period, which is defined as the time between the commencement and conclusion of a public highway project. To qualify for this exemption, a small business must have no more than 50 full-time employees, be independently owned and operated, and have its principal place of business in New Jersey.

To obtain the exemption, small businesses must apply to the Director of the Division of Taxation, who will review the application and issue an exemption certificate if the criteria are met. The certificate will specify the retail establishments eligible for the exemption and the duration of the exemption period. The bill also mandates that the Director adopt necessary rules and regulations to implement this act in accordance with the "Administrative Procedure Act." The act is set to take effect immediately upon passage.