N.J.S.A. 34:1B-186 — Program to approve issuance of certificates to qualifying businesses.

34:1B-186 Program to approve issuance of certificates to qualifying businesses. 20. The New Jersey Commerce Commission shall establish and administer a program to approve the issuance of sales and use tax exemption certificates to qualifying businesses as specified in sections 19 through 22 of P.L.2004, c.65 (C.34:1B-185 through C.34:1B-188). The receipts from the certificate holder's purchase of eligible property located or placed at the business location covered by the project approval within the period established pursuant to the terms and conditions of the project approval for the approved business location shall be exempt from the tax imposed under the "Sales and Use Tax Act," P.L.1966, c.30 (C.54:32B-1 et seq.). L.2004, c.65, s.20; amended 2007, c.253, s.17.

This is the verbatim text of N.J.S.A. 34:1B-186, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.