54:4-2.2b. State property; assessment and subjection to in lieu tax payment
46 words·~1 min read·
/nj/title-54/chapter-4/54-4-2-2bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.