New Jersey Statutes 54:29A-4. Property not used for railroad purposes
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Terms Used In New Jersey Statutes 54:29A-4
- taxing district: when used in a law relating to the assessment or collection of taxes, assessments or water rates or water rents, include every political division of the State, less than a county, whose inhabitants, governing body or officers have the power to levy taxes, assessments or rates. See New Jersey Statutes 1:1-2
All the property of a railroad company not used for railroad purposes shall be assessed and taxed by the same assessors, in the same manner and at the same rate as the taxable property of other owners in the same taxing district.
L.1941, c. 291, p. 775, s. 4.