New Jersey Statutes
§ 52:27D-489k6 — Bonds exempt from taxation.
New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
6.All bonds issued pursuant to sections 1 through 11 of P.L.2018, c.97 (C.52:27D-489k1 et seq.), are hereby declared to be issued by a political subdivision of this State and for an essential public and governmental purpose and the bonds, and the interest thereon and the income therefrom, and all facility charges, funds, revenues, and other moneys pledged or available to pay or secure the payment of the bonds, or interest thereon, shall at all times be exempt from taxation except for transfer inheritance and estate taxes. L.2018, c.97, s.6.
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Nearby Sections
15
§ 52:27D-1
Establishment§ 52:27D-10
Grants; approval; expenditures§ 52:27D-101
Transfer of employees of bureau and board§ 52:27D-102
Transfer of files, property, etc.§ 52:27D-104
Civil or criminal actions or proceedings brought by or against bureau or board; effect of transfer§ 52:27D-105
Reports, certifications, applications or requests required to be made to bureau or board; effect of transfer§ 52:27D-118
Application of State Agency Transfer Act§ 52:27D-118.1
Definitions§ 52:27D-118.10
Conclusiveness of allocation by director§ 52:27D-118.11
Apportionment of funds to municipalities§ 52:27D-118.12
Discretionary fund