N.J. Admin. Code § 7:11-4.7
Current through Register Vol. 56, No. 11, June 3, 2024
Section 7:11-4.7 - New Jersey Environmental Infrastructure Financing Program debt component(a) The New Jersey Environmental Infrastructure Financing Program debt component rate per million gallons listed at (b) below is established to fund debt service costs with respect to each annual payment period or portion thereof, and will be that amount accruing in the bond year (starting on August 1 of each calendar year and ending on the next following July 31) or corresponding portion thereof, commencing during the fiscal year (starting on July 1 of each calendar year and ending on the next following June 30) within which such annual payment period or portion thereof falls. The debt service costs include the aggregate amounts payable during the specified period for interest accruing during such period on the bonds and that portion of each required principal payment, which would accrue during such period.(b) The New Jersey Environmental Infrastructure Financing Program debt component is as follows: | Period | Rate/Million Gallons |
| 7/1/2023 to 6/30/2024 | $24.93 |
N.J. Admin. Code § 7:11-4.7
Amended and recodified from 7:11-4.6 by 52 N.J.R. 1266(a), effective 6/15/2020Amended by 53 N.J.R. 1084(a), effective 6/21/2021Amended by 54 N.J.R. 1166(a), effective 6/20/2022Amended by 55 N.J.R. 1290(a), effective 6/19/2023