52:9H-22. Purposes for appropriation
78 words·~1 min read·
/nj/title-52/chapter-9h/52-9h-22A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.