54:8A-57 - Effective date;Ā suspension of tax;Ā cessation
54:8A-57.Ā Effective date;Ā suspension of tax;Ā cessation
This act shall take effect immediately, but the tax imposed hereby, and theĀ obligation to pay the same as well as the obligation to deduct and withholdĀ shall be suspended and inoperative in the event that any of the moneys in theĀ Transportation Fund shall be applied to a purpose or purposes other than oneĀ set forth in this act, from the date when such application is made until theĀ amounts to be refunded to taxpayers as a result thereof have been allowed andĀ paid;Ā and the tax hereby imposed shall cease to be imposed, assessed andĀ collected after the assessment thereof for any taxable year ending December 31,Ā 1990, and for any part of a taxable year beginning during the year 1990 andĀ ending December 31, 1990.
L.1961, c. 32, p. 155, s. 57, approved May 29, 1961.Ā Amended by L.1969, c. 36, s. 1, eff. May 9, 1969;Ā L.1980, c. 89, s. 1, eff. Aug. 21, 1980.
This act shall take effect immediately, but the tax imposed hereby, and theĀ obligation to pay the same as well as the obligation to deduct and withholdĀ shall be suspended and inoperative in the event that any of the moneys in theĀ Transportation Fund shall be applied to a purpose or purposes other than oneĀ set forth in this act, from the date when such application is made until theĀ amounts to be refunded to taxpayers as a result thereof have been allowed andĀ paid;Ā and the tax hereby imposed shall cease to be imposed, assessed andĀ collected after the assessment thereof for any taxable year ending December 31,Ā 1990, and for any part of a taxable year beginning during the year 1990 andĀ ending December 31, 1990.
L.1961, c. 32, p. 155, s. 57, approved May 29, 1961.Ā Amended by L.1969, c. 36, s. 1, eff. May 9, 1969;Ā L.1980, c. 89, s. 1, eff. Aug. 21, 1980.