{"data":{"id":"us-nj/n.j.-stat.-40a-20-13.1","jurisdiction":"us-nj","citation":"N.J. Stat. § 40A:20-13.1","heading":"Tax exemption","body":"4.   The provisions of sections 12 and 13 of P.L.1991, c.431 (C.40A:20-12 and C.40A:20-13) to the contrary notwithstanding, a qualified subsidized housing project may be exempted from taxation for such period of time as the federal agency subsidizing the project may require as a condition of the subsidy.  The exemption from taxation may be extended for an additional period of time as may be required in order to secure a continuation of federal subsidies after the expiration of the initial subsidy period.\nL.1994,c.87,s.4.","path":["TITLE 40A MUNICIPALITIES AND COUNTIES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"cb5c02304ee44b5005c9b7036f5b0a91e92dadb311a37413be91df07bfe7cdd0","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40a-20-13","next":"us-nj/n.j.-stat.-40a-20-13.2"},"notice":"GroundRules: Original legal text. Not legal advice."}