State Codes and Statutes
Statutes > New-jersey > Title-12 > Section-12-7 > 12-7-34-47i12:7-34.47i. Taxation of power vessels being held for sale
Nothing contained herein shall be construed as exempting from personal property taxation power vessels which are being held for sale by a manufacturer, wholesaler or retailer of such vessels.
L.1965, c. 206, s. 14, eff. Dec. 21, 1965.
12:7-34.47j.Rules, regulations
15.The director is authorized to issue rules and regulations necessary for the administration and enforcement of the tax exemption certificate provisions of this act, including, but not limited to the establishment of a schedule for the initial issuance of said certificate.
L.1965,c.206,s.15; amended 1995,c.401,s.33.
