Real property acquired by state, state agency or state authority; exemption during period following acquisition
54:4-3.3a. Real property acquired by state, state agency or state authority; exemption during period following acquisition
Real property acquired by the State or by a State agency, or by an authority created by the State, shall not be exempt from taxation during the period or periods following such acquisition, as prescribed in this act.
L.1971, c. 370, s. 1, eff. Dec. 30, 1971.
This is the verbatim text of N.J.S.A. 54:4-3.3a, 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.