54:32B-8.27 - Locomotives, railroad cars, other railroad rolling stock and related materials - New Jersey Statutes

54:32B-8.27.  Locomotives, railroad cars, other railroad rolling stock and related materials
    Receipts from sales of locomotives, railroad cars and other railroad rolling  stock, including repair and replacement parts therefor, track materials, and  communication, signal and power transmission equipment, to a railroad whose  rates are regulated by the Interstate Commerce Commission or by the Board of  Public Utilities are exempt from the tax imposed under the Sales and Use Tax  Act.

     L.1980, c. 105, s. 39, eff. Sept. 11, 1980.