New Jersey Statutes 54:4-2.2b. State property; assessment and subjection to in lieu tax payment
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Terms Used In New Jersey Statutes 54:4-2.2b
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
Notwithstanding the provisions of any other law and to compensate municipalities for the impact upon local government costs of local services to State property, such property shall be assessed and subject to an in lieu tax payment provided in this act.
L.1977, c. 272, s. 2.