N.J.S.A. 52:9H-22 — Purposes for appropriation

52:9H-22. Purposes for appropriation 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.

This is the verbatim text of N.J.S.A. 52:9H-22, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.