New Jersey Statutes 52:9H-22. Purposes for appropriation
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Terms Used In New Jersey Statutes 52:9H-22
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
Upon notice from the State Treasurer of the amount of excess in the “Surplus Revenue Fund” pursuant to section 8 of this act, there may be appropriated sums for any one or more of the following purposes:
a. To provide a reserve fund for retirement, purchase or discharge of outstanding general obligation bonds of the State of New Jersey;
b. To provide appropriations for capital projects;
c. To provide appropriations to reduce or offset real property taxes.
L.1990,c.44,s.9.