New Jersey Statutes Title 54. Taxation 54 § 30A-101

a. The pro forma corporation business tax that would have been booked by the remitter in the base year if the changes in the remitter's rates implemented pursuant to section 67 of P.L.1997, c. 162 (C.48:2-21.34) had been in effect in that year. This amount shall reflect adjustments to the determination of the corporation business tax, if any, filed in accordance with section 67 of P.L.1997, c. 162 (C.48:2-21.34);

b. The pro forma sales and use tax that would have been collected by the remitter in the base year if the changes in the remitter's rates implemented pursuant to section 67 of P.L.1997, c. 162 (C.48:2-21.34) had been in effect in that year. The amount shall reflect adjustments to the sales and use tax, if any, filed in accordance with section 67 of P.L.1997, c. 162 (C.48:2-21.34); and

c. The amount of tax derived pursuant to the customer-specific tax classifications described in section 59 of P.L.1997, c. 162 (C.48:2-21.31);

“Board” means the Board of Public Utilities of the State of New Jersey;

“First year” means the year immediately following the initial year;

“Initial year” means the year immediately following the base year;

“Remitter” means any corporation subject to assessment under this act; and

“Sales and use tax” means the sales and use tax liability computed on sales and use of energy and utility service as defined in section 2 of P.L.1966, c. 30 (C.54:32B-2).