reglab/housing_qa huggingface dataset:
NJ Rev Stat § 54:29A-7 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-7 - Property taxable; rate

54:29A-7. Property taxable; rate  There is hereby levied an annual property tax upon all property used for railroad purposes, other than (a) main stem, (b) tangible personal property and (c) facilities used in passenger service, which tax shall be assessed by the commissioner, in the manner hereinafter provided and at the rate of $4.75 for each $100.00 of the true value of such property for the year 1967 and each year thereafter. L.1941, c. 291, p. 776, s. 7. Amended by L.1948, c. 40, p. 116, s. 4; L.1964, c. 251, s. 2; L.1966, c. 139, s. 2, eff. June 17, 1966.
NJ Rev Stat § 54:29A-7.1 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-7.1 - Real property deemed to be in railroad use regardless of ownership or possession

54:29A-7.1. Real property deemed to be in railroad use regardless of ownership or possession  For the purposes of the act to which this act is a supplement, real property shall be deemed to be in railroad use if such property is used for the transportation of persons or freight by a railroad, regardless of the ownership or possession of the real property. L.1979, c. 95, s. 2.
NJ Rev Stat § 54:29A-8 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-8 - Leased property

54:29A-8. Leased property  If the property of a railroad be leased to or operated by another corporation, foreign or domestic, the property of the lessor, or company whose property is operated, shall be subject to taxation in the manner provided in this act. L.1941, c. 291, p. 776, s. 8.
NJ Rev Stat § 54:29A-10 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-10 - Grade crossing improvements exempt

54:29A-10. Grade crossing improvements exempt  The value of the taxable property of each railroad used for railroad purposes shall be ascertained without including: (a) Any part of the cost of improvements, relocation, reconstruction, elimination or avoidance of highway grade crossings, including State highways, made pursuant to Title 48 of the Revised Statutes, or pursuant to the provision of an agreement for any of such purposes with a municipality made after April 27, 1931, but such exemptions shall apply only to main lines and branches existing on April 27, 1931; (b) The cost essential to the improvement, relocation or reconstruction of existing grade separation structures made after January 1, 1960, pursuant to said Title 48 or pursuant to a said agreement; (c) Any part of the cost of installing or replacing protective devices for the protection of the traveling public at grade crossings, such devices to be exempt from and after the assessing date of January 1, 1960. The exemptions specified in subparagraphs (a) and (b) above shall not apply to any additions and betterments voluntarily made by a railroad in connection with grade crossing projects. L.1941, c. 291, p. 776, s. 10. Amended by L.1960, c. 151, p. 680, s. 1; L.1964, c. 251, s. 3, eff. Jan. 1, 1966.
NJ Rev Stat § 54:29A-11 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-11 - Assessment in lieu

54:29A-11. Assessment in lieu  Taxes assessed pursuant to this act shall be in lieu of all other State or local taxation of or measured by property used for railroad purposes, including the main stem, tangible personal property and facilities used in passenger service, other than assessments for benefits. L.1941, c. 291, p. 777, s. 11. Amended by L.1964, c. 251, s. 4; L.1966, c. 139, s. 3, eff. June 17, 1966.
NJ Rev Stat § 54:29A-12 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-12 - Assessment procedure

54:29A-12. Assessment procedure  Property taxable under this act shall be assessed by the commissioner to each system and to each railroad not part of a system by which such property is used for railroad purposes. The assessment shall be made in the manner hereinafter provided. L.1941, c. 291, p. 777, s. 12.
NJ Rev Stat § 54:29A-13 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-13 - Franchise excise

54:29A-13. Franchise excise  An annual franchise tax is hereby levied upon all railroads operating within this State, which shall be assessed at the rate of 10% upon the net railway operating income of the preceding year, computed and allocated in the manner hereinafter provided, of each system and of each railroad not part of a system, provided, however, that the minimum franchise tax payable by any taxpayer shall be $100 as to taxpayers having total railway operating revenues of the preceding year allocated under section 14 not in excess of $1 million and $4,000 as to all other taxpayers. L.1941, c. 291, p. 777, s. 13. Amended by L.1948, c. 40, p. 116, s. 5; L.1964, c. 251, s. 5, eff. Jan. 1, 1966.
NJ Rev Stat § 54:29A-14 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-14 - Measure of franchise tax

54:29A-14. Measure of franchise tax  For the purpose of this article, net railway operating income shall be computed as total railway operating revenues from all sources, including any revenue whatever derived directly or indirectly from property which is used for railroad purposes, less costs of railroad maintenance, operation, depreciation and amortization, railway tax accruals, uncollectible railway revenues, rentals (both debits and credits) for equipment leased for less than 1 year or interchanged, and joint facility rents (both debits and credits); provided, however, that amounts paid by the State of New Jersey or any county or municipality, or any agency, authority or subdivision thereof, pursuant to contracts for passenger service, shall not be included as such operating revenues. Deductions from operating revenues for depreciation, additions and betterments, and compensation for personal services shall be subject to regulation by the commissioner, as to reasonableness of amount and appropriateness of accounting distribution. Depreciation and amortization charges shall in no instance, however, exceed the amounts permitted by the Interstate Commerce Commission in determining the net railway operating income of the railroad for the year under consideration. For the purpose of determining the measure of the tax imposed by this act, net railway operating income of each system, and of each railroad not part of a system, shall be allocated to this State in the proportion that the number of miles of all track over which the railroad or system operates in this State bears to the total number of miles of all track over which it operates. L.1941, c. 291, p. 777, s. 14. Amended by L.1942, c. 169, p. 513, s. 1; L.1948, c. 40, p. 117, s. 6; L.1960, c. 154, p. 683, s. 1, eff. Dec. 27, 1960.
NJ Rev Stat § 54:29A-15 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-15 - Assessment; franchise tax

54:29A-15. Assessment; franchise tax  On or before July twenty-second in the year one thousand nine hundred and forty-eight and on or before June first in each year thereafter, the commissioner shall compute the franchise tax payable under this act and assess the amount thereof to each taxpayer. L.1941, c. 291, p. 778, s. 15. Amended by L.1942, c. 169, p. 515, s. 2; L.1948, c. 40, p. 117, s. 7.
NJ Rev Stat § 54:29A-16 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-16 - Local assessors; information returns

54:29A-16. Local assessors; information returns  The assessors in all taxing districts where property of a railroad not used for railroad purposes shall be assessed, if required so to do by the State Tax Commissioner, shall certify and send to the commissioner on or before the second Monday in June in each year, a statement giving the description of such property included in the local ratables for that year, and showing the assessed valuation thereof. They shall also, at the same time, certify and send to him a short description of all the real property in their respective taxing districts, used or owned for railroad purposes excepting the main stem or roadbed and track, not exceeding one hundred feet in width of each railroad. L.1941, c. 291, p. 778, s. 16.
NJ Rev Stat § 54:29A-17 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-17 - Classification of railroad property; valuation of class II property; statement

54:29A-17. Classification of railroad property; valuation of class II property; statement  On or before November 1 in each year the commissioner shall determine and classify all real property used for railroad purposes in this State, into the following classes: I. The length of the main stem of each railroad, and the length of such main stem in each taxing district; II. The other real estate used for railroad purposes in each taxing district in this State, including the roadbed (other than main stem and facilities used in passenger service), tracks, buildings, water tanks, riparian rights, docks, wharves and piers, and all other real estate, except lands not used for railroad purposes; III. Facilities used in passenger service. In the event any railroad property is used for both freight and passenger service, the commissioner shall apportion such property between Class II and Class III, under such rules and regulations as he shall promulgate. On or before November 1 in each year the commissioner shall determine the true value, as of the preceding January 1, of all Class II property used for railroad purposes in this State. There shall be excluded, however, any Class II property of a railroad which passed out of railroad ownership subsequent to January 1 and before October 1 and not used for railroad purposes on October 1. Upon completion of his classification of Class I and Class III property and his classification and valuation of Class II property, but not later than November 10 in each year, the commissioner shall deliver a detailed statement thereof to each taxpayer. L.1941, c. 291, p. 779, s. 17. Amended by L.1942, c. 337, p. 1188, s. 1; L.1948, c. 40, p. 118, s. 8; L.1952, c. 229, p. 774, s. 1; L.1964, c. 251, s. 6; L.1966, c. 139, s. 4, eff. June 17, 1966.
NJ Rev Stat § 54:29A-17.1 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-17.1 - Valuation; improvements to capital facilities

54:29A-17.1. Valuation; improvements to capital facilities  The value of all property used for railroad purposes of each railroad shall be ascertained without including any part of the value of improvements to capital facilities undertaken pursuant to the provision of a contract with the State Highway Commissioner or pursuant to the provision of an agreement with a municipality, where such improvements were made after January 1, 1963. For the purpose of this section "improvements to capital facilities" shall mean the construction, reconstruction, relocation, establishment, improvement (by way of betterments, additions or otherwise) or rehabilitation in connection with passenger service of passenger stations and terminals, automobile parking facilities for railroad patrons, track connections, signal systems, power systems, roadbeds, equipment storage and service facilities, and shall include the reconstruction or rehabilitation of railroad passenger cars, locomotives, self-propelled passenger carrying rail cars. L.1963, c. 96, s. 1. Amended by L.1964, c. 251, s. 10, eff. Jan. 1, 1966.
NJ Rev Stat § 54:29A-18.1 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-18.1 - Inspection of classifications and valuations; informal conference; delivery of statement

54:29A-18.1. Inspection of classifications and valuations; informal conference; delivery of statement  Any taxpayer may, prior to December 1 in each year, inspect the commissioner's classifications and valuations and confer informally with the commissioner as to the correctness of such classifications and valuations so that any errors may be corrected prior to the commissioner's assessment of Class II property. Following any such informal conference with the taxpayer and not later than December 15 in each year the commissioner shall deliver to the taxpayer a detailed statement of the taxpayer's Class II property together with the assessment of such property for the following tax year at the rate hereinabove established. L.1966, c. 139, s. 6, eff. June 17, 1966.
NJ Rev Stat § 54:29A-21 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-21 - Tax statements

54:29A-21. Tax statements  Within 10 days after completion of his assessment of franchise tax, the commissioner shall serve upon each taxpayer a statement of the total amount of franchise tax payable and the manner of computation thereof. The failure of any taxpayer to receive a statement of assessment as herein required shall not invalidate any such assessment or the lien thereof, nor shall it relieve the taxpayer of the obligation of payment of the assessment as required by this act. L.1941, c. 291, p. 780, s. 21. Amended by L.1942, c. 337, p. 1190, s. 5; L.1964, c. 251, s. 7; L.1966, c. 139, s. 7, eff. June 17, 1966.
NJ Rev Stat § 54:29A-22 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-22 - Certification to Comptroller

54:29A-22. Certification to Comptroller  After completion of his assessments, the commissioner shall report and certify all assessments and the statements thereof to the State Comptroller. The several statements shall be recorded in books kept in the office of the State Comptroller, to be provided by him for that purpose, and shall be public records open to public inspection. L.1941, c. 291, p. 780, s. 22. Amended by L.1966, c. 139, s. 8, eff. June 17, 1966.
NJ Rev Stat § 54:29A-23 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-23 - Tax for State use

54:29A-23. Tax for State use  All receipts from taxation of Class II railroad property together with the receipts from the franchise tax imposed hereunder shall be applied to the uses of the State according to law. L.1941, c. 291, p. 781, s. 23. Amended by L.1948, c. 40, p. 122, s. 12; L.1964, c. 251, s. 8; L.1966, c. 139, s. 9, eff. June 17, 1966.
NJ Rev Stat § 54:29A-24.1 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-24.1 - Replacement revenue to municipalities

54:29A-24.1. Replacement revenue to municipalities  In order to provide replacement revenue to municipalities in which railroad property is located as a result of the imposition of a State tax on railroad property pursuant to this act, and the elimination of the allotment and payment to taxing districts of the taxes assessed upon Class II railroad property under the Railroad Tax Law of 1948, State aid shall be appropriated and paid annually to each municipality in the manner and in an amount to be determined as hereinafter set forth. Each such municipality shall receive an amount which shall not be less than the revenues the municipality derived from such property in the tax year 1966. The amount payable to each municipality shall be adjusted for additions and withdrawals as hereinafter provided. L.1966, c. 139, s. 19, eff. June 17, 1966.
NJ Rev Stat § 54:29A-24.2 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-24.2 - Definitions

54:29A-24.2. Definitions  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.
NJ Rev Stat § 54:29A-24.4 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-24.4 - Payment to collector or other proper officer; time; manner

54:29A-24.4. Payment to collector or other proper officer; time; manner  The sums payable as State aid pursuant to this act shall be paid to the collector or other proper officer of each municipality entitled thereto on or before December 10 in each year by the State Treasurer on warrant of the Director of the Division of Budget and Accounting. L.1966, c. 139, s. 22, eff. June 17, 1966.
NJ Rev Stat § 54:29A-24.5 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-24.5 - Delivery of statement to municipality concerning state aid payable in following year

54:29A-24.5. Delivery of statement to municipality concerning state aid payable in following year  Not later than December 15 of each year, the commissioner shall deliver to each municipality entitled to State aid under this act a statement of the State aid payable to such municipality for the following year. L.1966, c. 139, s. 23, eff. June 17, 1966.
NJ Rev Stat § 54:29A-24.6 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-24.6 - Adjustments in valuation

54:29A-24.6. Adjustments in valuation  Notwithstanding any other provision of this act the valuation of Class II railroad property in each municipality used in the tax year 1966 for the purpose of determining equalized valuation for apportionment of the costs of county government, State school aid, and State school building aid and in establishing county debt limits shall continue to be used for such purposes with appropriate annual adjustment to reflect adjustments in base value as determined under section 21 of this act. The commissioner shall certify any such adjustments to the several county boards of taxation on or before December 10 for use by the county boards in determining equalized valuation for the foregoing purposes in the succeeding tax year. L.1966, c. 139, s. 24, eff. June 17, 1966.
NJ Rev Stat § 54:29A-25 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-25 - Reassessment; property omitted

54:29A-25. Reassessment; property omitted  a. Whenever the commissioner shall determine that any tax or taxes assessed pursuant to this act were less than or in excess of the amount thereof lawfully assessable, he may correct such deficiency or error by reassessing such tax, or any part thereof. b. Whenever property subject to taxation under this act has or shall have been omitted from assessment by failure of the taxpayer to include it in a return of information, or otherwise, the commissioner may, if he finds that such property has been omitted from his assessment, cause such property to be assessed for any omitted years in accordance with the provisions of this act. L.1941, c. 291, p. 782, s. 25.
NJ Rev Stat § 54:29A-26 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-26 - Review of assessments; notice

54:29A-26. Review of assessments; notice  For the purpose of reviewing the assessments made pursuant to section twenty-five of this act, the commissioner shall sit on a day to be fixed by him, not later than twenty days after the making of the assessments, of which immediate notice shall be given by the commissioner to the taxpayers affected thereby. The commissioner may adjourn from time to time until he has finished the hearing. Not more than thirty days shall be spent in the review, and the amount of taxes fixed by him shall be due and payable into the State treasury on or before fifteen days after the time limited for the review of the assessments. L.1941, c. 291, p. 782, s. 26.
NJ Rev Stat § 54:29A-27 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-27 - Period of limitations

54:29A-27. Period of limitations  27. Period of limitations. The power of the director to make reassessments or to assess omitted property under this act shall be as provided by the State Tax Uniform Procedure Law, R.S.54:48-1 et seq.  L.1941,c.291,s.27; amended 1942,c.169,s.3; 1948,c.40,s.14; 1966,c.139,s.11; 1992,c.175,s.30.
NJ Rev Stat § 54:29A-28 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-28 - Certification to Comptroller

54:29A-28. Certification to Comptroller  The commissioner shall certify the amount of the assessments to the Comptroller, in detail, and shall divide them into taxing districts so that the amount assessed for each year in each taxing district shall appear. The same remedies shall exist for the collection of these taxes as exist for the collection of taxes regularly assessed under this act. L.1941, c. 291, p. 783, s. 28.
NJ Rev Stat § 54:29A-29 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-29 - Credit for taxes paid locally

54:29A-29. Credit for taxes paid locally  Any company having paid any tax for the omitted years under an assessment made upon that property or any part thereof by the local assessors, shall be entitled to receive a credit for such payment upon the assessment made under this act by proving to the satisfaction of the State Tax Commissioner, and of the State Board of Tax Appeals when such matter is pending before it, during the time herein authorized for the review of such assessments, that such payment was made. L.1941, c. 291, p. 783, s. 29.
NJ Rev Stat § 54:29A-30 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-30 - Disposition of receipts

54:29A-30. Disposition of receipts  Any taxes collected upon assessments for omitted property or reassessments made by the commissioner shall be apportioned by the comptroller for the uses of the State and for local uses in the same manner as provided by the law for taxes levied upon property of the same class for any year prior to 1967, and to the State thereafter. L.1941, c. 291, p. 783, s. 30. Amended by L.1966, c. 139, s. 12, eff. June 17, 1966.
NJ Rev Stat § 54:29A-31 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-31 - Appeal to tax court

54:29A-31. Appeal to tax court  Any taxpayer desiring to contest the validity or amount of any assessment or reassessment of property or franchise tax made by the Director of the Division of Taxation under this act may appeal to the tax court in accordance with the provisions of the State Tax Uniform Procedure Law, R.S. 54:48-1 et seq. L.1941, c. 291, p. 784, s. 31. Amended by L.1942, c. 337, p. 1191, s. 6; L.1966, c. 139, s. 13, eff. June 17, 1966; L.1983, c. 36, s. 29, eff. Jan. 26, 1983.
NJ Rev Stat § 54:29A-32 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:29A-32 - Complaint and notice

54:29A-32. Complaint and notice  A copy of the complaint and notice of application for hearing thereon shall be served upon the Attorney General 5 days before the filing of the complaint by having a copy of the complaint and notice at his office. L.1941, c. 291, p. 784, s. 32. Amended by L.1966, c. 139, s. 14, eff. June 17, 1966.