New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 23 - RAILROAD PROPERTY TAX
Subchapter 2 - PROPERTY NOT SUBJECT TO NEW JERSEY RAILROAD PROPERTY TAX
Section 18:23-2.4 - Improvements to capital facilities
Universal Citation: NJ Admin Code 18:23-2.4
Current through Register Vol. 56, No. 18, September 16, 2024
The improvements to capital facilities, as defined by N.J.S.A. 54:29A-17.1, undertaken by a railroad pursuant to the provisions of a contract with the New Jersey Department of Transportation or with a municipality, where such improvements were made after January 1, 1963, are not subject to valuation under the Act.
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