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New Jersey Statutes, Title: 54, TAXATION

    Chapter 29a:

      Section: 54:29a-11: Assessment in lieu

           Taxes assessed pursuant to this act shall be in lieu of all other State or local taxation of or measured by property used for railroad purposes, including the main stem, tangible personal property and facilities used in passenger service, other than assessments for benefits.

L.1941, c. 291, p. 777, s. 11. Amended by L.1964, c. 251, s. 4; L.1966, c. 139, s. 3, eff. June 17, 1966.



This section added to the Rutgers Database: 2012-09-26 13:37:56.






Older versions of 54:29a-11 (if available):



Court decisions that cite this statute: CLICK HERE.