New Jersey’s 2022 Fiscal Year appropriations bill requires the New Jersey Division of Taxation to conduct a study of the state tax laws in relation to the “digital economy” and make recommendations on gaps in the current law. The Division’s study must “quantify how various taxes have expanded or reduced the economic activity, and State revenue, that those laws were intended to capture when first enacted.” Additionally, the study must identify “particular forms of economic activity that are untaxed or undertaxed that have grown more significant in the modern economy.” By March 31, 2022, the Division must submit a report of its findings and recommendations for changes to the law.