Terms Used In New Jersey Statutes 5:5-68.1

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
4. Beginning July 1, 1997, amounts resulting from parimutuel tickets remaining unclaimed after 12 months which are paid to the Racing Commission for deposit in the general fund pursuant to subsection a. of section 44 of P.L.1940, c.17 (C. 5:5-64) and paragraph (1) of subsection g. of section 7 of P.L.1971, c.137 (C. 5:10-7) shall be appropriated each fiscal year to the Racing Commission to be used for the expenses of the commission.

L.1997, c.29, s.4; amended 2021, c.89, s.2.