52:27-13.4. Application of proceeds of taxes
54 words·~1 min read·
/nj/title-52/chapter-27/52-27-13-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commission shall have power from time to time by resolution to direct that for such period as may be stated in such resolution the proceeds of any taxes collected, received, or realized in any manner during such period shall be applied equally and ratably to the purposes for which such taxes were levied.