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N.J.S.A. § 54:29A-24.2.

Definitions

Official textNew Jersey Statutes Annotated (Tax)lis.njleg.state.nj.uslast amended
Summarize

As hereinafter used in this act, the following words and terms shall have the following meanings, unless the text indicates or requires another or different meaning or intent:

"Base year" means the year 1966.

"Base value" means the value assessed by the commissioner for Class II railroad property in each municipality for the base year. For the purpose of determining base value, "Class II" means the classification established by the act of which this act is amendatory and supplementary.

"Base tax rate" means the general real property tax rate in each municipality for the base year.

"Base tax revenue" means the amount determined for each municipality by applying the base tax rate to the base value.

L.1966, c. 139, s. 20, eff. June 17, 1966.

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In this chapter (40 sections)
  1. 54:29A-4. · Property not used for railroad purposes
  2. 54:29A-5. · Municipal assessment of benefits; delegation of powers by…
  3. 54:29A-6. · General powers of commissioner
  4. 54:29A-7. · Property taxable; rate
  5. 54:29A-7.1. · Real property deemed to be in railroad use regardless of…
  6. 54:29A-8. · Leased property
  7. 54:29A-10. · Grade crossing improvements exempt
  8. 54:29A-11. · Assessment in lieu
  9. 54:29A-12. · Assessment procedure
  10. 54:29A-13. · Franchise excise
  11. 54:29A-14. · Measure of franchise tax
  12. 54:29A-15. · Assessment; franchise tax
  13. 54:29A-16. · Local assessors; information returns
  14. 54:29A-17. · Classification of railroad property; valuation of class II…
  15. 54:29A-17.1. · Valuation; improvements to capital facilities
  16. 54:29A-18.1. · Inspection of classifications and valuations; informal…
  17. 54:29A-21. · Tax statements
  18. 54:29A-22. · Certification to Comptroller
  19. 54:29A-23. · Tax for State use
  20. 54:29A-24.1. · Replacement revenue to municipalities
  21. 54:29A-24.2. · Definitions
  22. 54:29A-24.3. · Appropriation and payment of state aid; amount;…
  23. 54:29A-24.4. · Payment to collector or other proper officer; time;…
  24. 54:29A-24.5. · Delivery of statement to municipality concerning state…
  25. 54:29A-24.6. · Adjustments in valuation
  26. 54:29A-25. · Reassessment; property omitted
  27. 54:29A-26. · Review of assessments; notice
  28. 54:29A-27. · Period of limitations
  29. 54:29A-28. · Certification to Comptroller
  30. 54:29A-29. · Credit for taxes paid locally
  31. 54:29A-30. · Disposition of receipts
  32. 54:29A-31. · Appeal to tax court
  33. 54:29A-32. · Complaint and notice
  34. 54:29A-33. · Hearing upon complaint
  35. 54:29A-34. · Conclusion of hearings
  36. 54:29A-35. · Certifications
  37. 54:29A-43.1. · Dual assessment; appeal to tax court
  38. 54:29A-43.6. · Repeals
  39. 54:29A-44. · Returns of information
  40. 54:29A-45. · Returns; form and content
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