All aircraft, whether or not the same are required to be registered under State or federal law, shall be exempt from taxation under chapters 4 and 11A of Title 54 of the Revised Statutes or any other law of this State which may impose a personal property tax.
N.J. Stat. Ann. § 6:1-97
Aircraft exempt from taxation
Known as the Air Safety and Zoning Act
The act spans §§ 6:1-1 to 6:5-9 (91 sections).
L.1983, c. 264, s. 19, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.