N.J.S.A. 54:4-8.53a

Reimbursement to taxing district relative to deductions

54:4-8.53a Reimbursement to taxing district relative to deductions 5. The State shall annually reimburse each taxing district in an amount equal to 102 percent of the amount of any deductions permitted by that taxing district in the current tax year pursuant to the act of which this act is amendatory and supplementary. L.1981,c.85,s.5; amended 1997, c.30, s.4.

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This is the verbatim text of N.J.S.A. 54:4-8.53a, 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.