{"data":{"id":"us-nj/n.j.-stat.-54-32b-20.1","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:32B-20.1","heading":"Credits for certain payments by remitters; no credit for certain tax payments.","body":"35. a. A corporation that was subject to tax pursuant to the provisions of P.L.1940, c.5 (C.54:30A-49 et seq.) prior to January 1, 1998 shall be entitled to claim a credit against remittances of sales and use tax after July 1, 1998 and after August 1 in each year thereafter pursuant to the provisions of  section 53 of P.L.1997, c.162 (C.54:30A-117).\nb.  Any gas, electric, or telecommunications public utility taxpayer that has made any advance credit payment pursuant to P.L.1940, c.4 (C.54:30A-16 et seq.) or P.L.1940, c.5 (C. 54:30A-49 et seq.) shall not be eligible for a credit for such amount or any part thereof to offset any liability under the \"Sales and Use Tax Act,\" P.L.1966, c.30 (C.54:32B-1 et seq.).\nL.1997,c.162,s.35.","path":["TITLE 54 TAXATION"],"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":"12a5c332408335da14357e88868f4f6bead2b7f801be1d10316080d2133d46f0","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-32b-20","next":"us-nj/n.j.-stat.-54-32b-21"},"notice":"GroundRules: Original legal text. Not legal advice."}