{"data":{"id":"us-nj/n.j.-stat.-54-32b-4.2","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:32B-4.2","heading":"Partial tax exemption for sale, use of certain boats.","body":"1.\tNotwithstanding the provisions of P.L.1966, c. 30 (C.54:32B-1 et seq.) to the contrary, receipts from the sale of a boat or other vessel are exempt to the extent of 50 percent of the tax imposed under section 3 of the \"Sales and Use Tax Act,\" P.L.1966, c.30 (C.54:32B-3) and the maximum amount of tax imposed and collected on the sale or use of a boat or other vessel shall not exceed $20,000.\nL.2015, c.170, s.1.","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":"a1d45734e596efb68edb19d05ebbac6ae282aed83f32f267ae4745d02017710a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-32b-4.1","next":"us-nj/n.j.-stat.-54-32b-5"},"notice":"GroundRules: Original legal text. Not legal advice."}