54:8A-118 - Act operative - New Jersey Statutes

54:8A-118.  Act operative
    This act shall take effect immediately, but the tax imposed hereby, and the  obligation to pay the same as well as the obligation to deduct and withhold  shall be suspended and inoperative in the event that any of the moneys in the  Transportation Benefit Fund shall be applied to a purpose or purposes other  than one set forth in this act, from the date when such application is made  until the amounts to be refunded to taxpayers as a result thereof have been  allowed and paid;  and the tax hereby imposed shall cease to be imposed,  assessed and collected after the assessment thereof for any taxable year ending  December 31, 1980, and for any part of a taxable year beginning during the year  1980 and ending December 31, 1980.

     L.1971, c. 222, s. 62, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.