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New Jersey Statutes, Title: 54, TAXATION

    Chapter 29a:

      Section: 54:29a-7: Property taxable; rate

           There is hereby levied an annual property tax upon all property used for railroad purposes, other than (a) main stem, (b) tangible personal property and (c) facilities used in passenger service, which tax shall be assessed by the commissioner, in the manner hereinafter provided and at the rate of $4.75 for each $100.00 of the true value of such property for the year 1967 and each year thereafter.

L.1941, c. 291, p. 776, s. 7. Amended by L.1948, c. 40, p. 116, s. 4; L.1964, c. 251, s. 2; L.1966, c. 139, s. 2, eff. June 17, 1966.



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






Older versions of 54:29a-7 (if available):



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