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

54:4-8.75i Intentional misrepresentation, repayment, property tax credit, penalties.

72 words·~1 min read·/nj/title-54/chapter-4/54-4-8-75i·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

9. Any individual who receives a Stay NJ property tax credit otherwise authorized under this act but as a result of an intentional misrepresentation of a material fact shall be required to repay to the director the amount of the credit and shall be liable to a penalty equal to 150 percent of the amount of the Stay NJ property tax credit paid as a result of that misrepresentation.
L.2023, c.75, s.9.
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