The "Road to Tax Relief Act" is designed to provide financial assistance to retail businesses and their employees adversely affected by public highway projects, particularly the ongoing repairs on Interstate 80 in Morris County. The bill allows retail establishments located within impacted construction zones to apply for a refundable credit against their sales tax remittances, calculated based on the taxes collected during the project period, excluding the portion allocated to the Property Tax Relief Fund. To qualify, businesses must submit an application to the Director of the Division of Taxation, including proof of their location within the construction zone and documentation of revenue loss. The legislation also permits the transfer of tax credits, allowing businesses to sell or assign their credits during the applicable tax period.

In addition to supporting businesses, the bill introduces gross income tax credits for employees of affected retail businesses, based on lost wages due to modified work schedules. Employees must apply for a certification of lost wages, which will be determined by comparing their baseline wages to their actual earnings during the relief period. The bill defines key terms such as "impacted construction zone," "retail business establishment," and "small business," and it empowers the Director of the Division of Taxation to adopt necessary regulations for implementation. The act is set to take effect on the first day of the month following its enactment, with specific provisions applicable to taxable years beginning after January 1 of the following year.