N.J.S.A. 54:10A-24

Annual appropriation for free public schools

54:10A-24. Annual appropriation for free public schools Out of the proceeds of the taxes, interest and penalties collected pursuant to this act, there is hereby appropriated, for the purpose of maintaining free public schools, the sum of four million dollars ($4,000,000.00) annually, which sum shall on or before December twentieth in each year be credited by the State Treasurer to the State public school account. Such appropriation shall be applied to the support of the free public schools, and shall be apportioned and distributed as provided by law. L.1945, c. 162, p. 574, s. 24. Amended by L.1946, c. 89, p. 309, s. 1.

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This is the verbatim text of N.J.S.A. 54:10A-24, 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.