New Jersey § 52:27h-66
Full text of New Jersey New Jersey Statutes § 52:27h-66, with citation guidance and answers to common questions.
§ 52:27h-66.
a. A qualified business within a UEZ-impacted business district authorized pursuant
to section 3 of P.L.2001, c. 347 ( C.52:27H-66.2 ) shall be entitled to an exemption to the extent of 50% from the tax imposed under
the “Sales and Use Tax Act,” P.L.1966, c. 30 ( C.54:32B-1 et seq. ) in accordance with section 21 of the “New Jersey Urban Enterprise Zones Act,” P.L.1983,
c. 303 ( C.52:27H-80 ) to the same extent as that granted to qualified businesses in the adjacent enterprise
zones provided that the qualified business applies to the Director of the Division
of Taxation in the Department of the Treasury for certification pursuant to section
21 of P.L.1983, c. 303 ( C.52:27H-80 ), meets the eligibility criteria of section 27 of P.L.1983, c. 303 ( C.52:27H-86 ), and satisfies the annual certification requirements of section 28 of P.L.1983,
c. 303 ( C.52:27H-87 ). b. The reduced rate revenues authorized by this section and received from the taxation
of retail sales made by qualified businesses in the UEZ-impacted business district
shall be deposited in the General Fund and not allocated in accordance with section
21 of the “New Jersey Urban Enterprise Zones Act,” P.L.1983, c. 303 ( C.52:27H-80 ), to the enterprise zone assistance fund. c. Other than the reduction in sales tax rate provided to qualified businesses pursuant
to this section, no tax credits, incentives, programs or other benefits of the “New
Jersey Urban Enterprise Zones Act,” P.L.1983, c. 303 ( C.52:27H-60 et seq. ), shall be available to businesses in the district as a result of a UEZ-impacted
business district designation.
Frequently Asked Questions About New Jersey § 52:27h-66
What does New Jersey Statutes § 52:27h-66 cover?
Section 52:27h-66 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 52:27h-66?
A common citation format is "New Jersey Statutes § 52:27h-66" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 52:27h-66 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.