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Code · New Jersey · Title 54 — Debtor and Creditor · Chapter 4

54:4-8.71 Payments mailed.

149 words·~1 min read·/nj/title-54/chapter-4/54-4-8-71·

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4. a. The director shall administer the homestead property tax reimbursement program. A payment for the homestead property tax reimbursement amount, as calculated by the director, shall be paid, by check, direct deposit, or credit against the eligible claimant's property tax bill, to each person determined by the director to be an eligible claimant pursuant to P.L.1997, c.348 (C.54:4-8.67 et seq.) and shall be made according to the following schedule:
(1)for applications received on or before May 1 of the tax year, the reimbursement amount shall be paid on or before July 15 of that tax year; and
(2)for applications received on or after May 1 of the tax year, the reimbursement amount shall be made on a rolling monthly basis.
b. All payments made pursuant to this section shall be appropriated from receipts in the Casino Revenue Fund.
L.1997,c.348,s.4; amended 2003, c.30, s.2; 2024, c.88, s.18.
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