N.J.S.A. 54A:6-14 — Interest on certain obligations

54A:6-14. Interest on certain obligations Gross income shall not include interest on obligations (1) issued by or on behalf of this State or any county, municipality, school or other district, agency, authority, commission, instrumentality, public corporation (including one created or existing pursuant to agreement or compact with this or any other state), body corporate and politic or political subdivision of this State, or (2) those obligations which are statutorily free from State or local taxation under any other act of this State or under the laws of the United States. L.1976, c. 47, s. 54A:6-14, eff. July 8, 1976, operative Aug. 30, 1976.

This is the verbatim text of N.J.S.A. 54A:6-14, 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.