48:2-61 - Exclusion of operating revenue derived from service receiving public funds - New Jersey Statutes

48:2-61.  Exclusion of operating revenue derived from service receiving public funds
    Operating revenue derived from any service provided or performed by any public utility which is receiving public funds in connection with such service under contracts with the State pursuant to the provisions of Article III of chapter 301 of the laws of 1966 (C. 27:1A-15 through C. 27:1A-28), shall not be  included in determining the gross operating revenue of any such public utility  or the total gross operating revenues of all public utilities subject to the  provisions of this act.

     L.1968, c. 173, s. 3, eff. July 16, 1968.