New Jersey Statutes 54:1-72. Pinelands municipal property tax stabilization fund; state budget annual request
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Terms Used In New Jersey Statutes 54:1-72
- 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
a. There is established in the General Fund, for the purpose of providing State aid to qualified municipalities a “Pinelands Municipal Property Tax Stabilization Fund.” All moneys appropriated for purposes of this act shall be deposited in the “Pinelands Municipal Property Tax Stabilization Fund” . Every qualified municipality shall be entitled to a distribution from the fund as prescribed in this act.
b. The State Treasurer shall include in his annual budget request for State aid the amount required for deposit in the “Pinelands Municipal Property Tax Stabilization Fund” .
L.1983, c. 551, s. 5, eff. Jan. 17, 1984; per s.17 as amended by 1987, c.320, s.2, section expired December 31, 1989.