IMPORTANT – CALL TO ACTION TO THE NEW JERSEY PHYSICIAN COMMUNITY. Make a Call Today to Request the Cosmetic Tax Rollback Legislation Advance to the Governor’s Desk
Important legislation that would rollback (over three years) the onerous cosmetic medical procedures tax needs to jump just ONE MORE legislative hurdle before going to the Governor’s desk for action. The full Assembly needs to vote on the measure – A-3646/S-1988 – before they adjourn on January 9. We are working hard to get the bill posted at the January 9 Assembly voting session.
Please call the Speaker of the Assembly Sheila Oliver (D-East Orange) at 973/395-1166. Introduce yourself and ask that the Speaker post A-3646/S-1988 at the January 9 voting session.
Also call your two members of the Assembly (find them at http://www.njleg.state.nj.us/members/legsearch.asp), introduce yourself as a concerned physician in their district, and ask that they encourage Speaker Oliver to post the bill.
The bill unanimously passed the Senate in September, and was unanimously released from the Assembly Appropriations Committee on December 1.
The Assembly sponsor, Assemblyman Gordon Johnson, concurred during his statement that is about jobs and the economy. "This tax has proven ineffective and an administrative hardship to New Jersey residents and businesses," said Johnson (D-Bergen). "This phase-out will gradually alleviate the financial and administrative burdens associated with the tax. Since it was imposed, the tax has increased overall costs for recipients of cosmetic medical procedures, and imposed an administrative burden on the medical offices billing the procedures and the state agencies charged with the administration and enforcement of the tax. It's time to get rid of it. As we're looking to create jobs and economic development, an ineffective tax like this that very likely is chasing jobs and medical work to other states quite simply needs to go."
Under the bill, the 6 percent rate of tax currently imposed on the gross receipts from cosmetic medical procedures is reduced by two percent per year over a three-year period:
* On or after July 1, 2011 but before July 1, 2012 the rate of tax imposed will be 4 percent;
* On or after July 1, 2012 but before July 1, 2013 the rate of tax imposed will be percent; and
* On or after July 1, 2013 the rate of tax will be eliminated.
Your response to this important call to action can help put the bill on the agenda and to the Governor’s desk.
December 29, 2011