New Jersey Statutes
§ 46:10B-20 — Exemption of income from New Jersey Gross Income Tax Act
New Jersey·Title 46 PROPERTY
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.
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Nearby Sections
15
§ 46:10B-1
Definitions§ 46:10B-10
Interest rate; points§ 46:10B-11
Points; liability for receiving§ 46:10B-11.1
Discount points deemed interest on loan§ 46:10B-12
Graduated payment mortgage defined§ 46:10B-13
Authorization to make§ 46:10B-14
Use for dwelling units; limits on interest§ 46:10B-16
Short title§ 46:10B-17
Definitions§ 46:10B-21
Regulations