54:1-35.48. Tax liability not less than base year
42 words·~1 min read·
/nj/title-54/chapter-1/54-1-35-48·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
10. The provision of revaluation relief abatements pursuant to this act shall not result in any tax year in a tax liability for an eligible property which is less than the tax liability for the base year.
L.1993,c.101,s.10; amended 1999, c.216, s.9.