New Jersey Statutes 54:1-48. Municipal purposes tax assistance fund; establishment; distribution of deposits
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Terms Used In New Jersey Statutes 54:1-48
- 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
There is established in the Department of the Treasury for the purpose of providing State aid to qualifying and participating municipalities a “Municipal Purposes Tax Assistance Fund” to be administered by the State Treasurer. All amounts deposited in the fund pursuant to law shall be distributed to qualifying municipalities pursuant to this act.
L.1980, c. 12, s. 3, eff. March 18, 1980.