32:3-13.54 - Additional tax exemption; property and its transfer or use - New Jersey Statutes

32:3-13.54.  Additional tax exemption;  property and its transfer or use    In addition to all tax exemptions given by the compact to the authority, to  its property, and to the bonds or other securities or obligations issued by it,  no property, real or personal, nor its transfer or use, shall be subject to any  tax by the Commonwealth of Pennsylvania or the State of New Jersey, or any  political subdivisions of either of them, imposed on the purchase, use, sale,  transfer or on the privilege of transferring title to such property, or on the  execution, delivery or recording of any written instrument in connection  therewith, to or by the authority, in carrying out the project authorized by  this act or in carrying out any other undertaking of the authority.

     L.1964, c. 276, s. 5.