Tax liability not less than base year

1. Law
2. New Jersey Revised Statutes
3. Taxation
4. Tax liability not less than base year

54:1-35.48. Tax liability not less than base year

10. The provision of revaluation relief abatements pursuant to this act shall not result in any tax year in a tax liability for an eligible property which is less than the tax liability for the base year.

L.1993,c.101,s.10; amended 1999, c.216, s.9.

Download our app to see the most-to-date content.