New Jersey Statutes 52:27BBB-20. Additional NJ SAVER rebate for certain residents
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Terms Used In New Jersey Statutes 52:27BBB-20
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
20. A resident of a qualified municipality who has paid property taxes for the tax year on a homestead that is owned as such and who is eligible to receive an NJ SAVER rebate pursuant to P.L.1999, c.63 (C. 54:4-8.58a et al.) shall, subject to appropriation, receive an NJ SAVER rebate in an amount equal to 150% of the amount otherwise owed that resident pursuant to section 4 of P.L.1999, c.63 (C. 54:4-8.58b) during the time that the municipality is under rehabilitation and economic recovery.
L.2002,c.43,s.20.