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New Jersey Statutes, Title: 46, PROPERTY

    Chapter 10b:

      Section: 46:10b-20: Exemption of income from New Jersey Gross Income Tax Act

           Income derived by mortgagors from mortgages authorized pursuant to this act shall not be considered income for purpose of the "New Jersey Gross Income Tax Act" .

L.1979, c. 140, s. 5, eff. July 6, 1979.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 46:10b-20 (if available):



Court decisions that cite this statute: CLICK HERE.