Exemption of income from New Jersey Gross Income Tax Act
46:10B-20. Exemption of income from New Jersey Gross Income Tax Act
Income derived by mortgagors from mortgages authorized pursuant to this act shall not be considered income for purpose of the "New Jersey Gross Income Tax Act" .
L.1979, c. 140, s. 5, eff. July 6, 1979.
This is the verbatim text of N.J.S.A. 46:10B-20, 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. KyzerLex is not a law firm and this page is not legal advice.