New Jersey § 54:39-120 Liability for tax by terminal operator; exemptions.

New Jersey Statutes

§ 54:39-120 — Liability for tax by terminal operator; exemptions.

New Jersey § 54:39-120

Title 54TAXATION

This text of New Jersey § 54:39-120 (Liability for tax by terminal operator; exemptions.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 54:39-120 (2026).

Text

20. a. The operator of a terminal in this State is jointly and severally liable for the tax imposed by section 3 of P.L.2010, c.22 (C.54:39-103) and shall remit payment to this State at the same time and on the same basis as a supplier in accordance with section 19 of P.L.2010, c.22 (C.54:39-119) upon:

(1)The removal of fuel from the terminal on account of any supplier who is not licensed in this State; or (2) The removal of motor fuel that is not dyed and marked in accordance with Internal Revenue Service requirements, if the terminal operator provides any person with any bill of lading, shipping paper, or similar document indicating that the motor fuel is dyed and marked in accordance with Internal Revenue Service requirements. b. However, the terminal operator shall be relieved of liab

Free access — add to your briefcase to read the full text and ask questions with AI

20. a. The operator of a terminal in this State is jointly and severally liable for the tax imposed by section 3 of P.L.2010, c.22 (C.54:39-103) and shall remit payment to this State at the same time and on the same basis as a supplier in accordance with section 19 of P.L.2010, c.22 (C.54:39-119) upon: (1) The removal of fuel from the terminal on account of any supplier who is not licensed in this State; or (2) The removal of motor fuel that is not dyed and marked in accordance with Internal Revenue Service requirements, if the terminal operator provides any person with any bill of lading, shipping paper, or similar document indicating that the motor fuel is dyed and marked in accordance with Internal Revenue Service requirements. b. However, the terminal operator shall be relieved of liability for a removal of fuel from the terminal on account of a supplier who is not licensed in this State if the terminal operator establishes all of the following: (1) the terminal operator has a valid terminal operator's license issued for the facility from which the fuel is withdrawn; (2) the terminal operator has a copy of a valid license from the supplier as required by the director; and (3) The terminal operator has no reason to believe that any information is false. L.2010, c.22, s.20.