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New Jersey Statutes, Title: 54, TAXATION

    Chapter 4: Property subject to taxation.

      Section: 54:4-50: Reductions in assessments after rate fixed; additional payments; determination

           When assessments in a taxing district are reduced subsequent to the date when the county board of taxation has determined the amount of money to be raised in the taxing district on account of a state tax at a fixed rate, so that, pursuant to that determination, an excess over the amount which would have been payable if the assessments had been reduced before that date, must be paid to the county treasurer from the taxing district, the county board shall ascertain the amount of such excess.



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






Older versions of 54:4-50 (if available):



Court decisions that cite this statute: CLICK HERE.