N.J. Stat. § 40:54-8.1

Current through L. 2024, c. 80.

Section 40:54-8.1 - Limitation on increase in amount raised by taxation

Any increase in the amount raised by taxation for the municipal library as required by R.S. 40:54-8 shall not exceed the total amount expended by the municipality in the previous year plus 15% of the previous year's total expenditures for the maintenance of a free public library; except that the State Librarian is authorized to approve additional appropriations to any municipality that requests to appropriate an amount in excess of 15% of the previous year's total library expenditures.

N.J.S. § 40:54-8.1

L.1985, c.541, s.5, eff. 1/21/1986; amended by L. 2001, c. 137, s. 53, eff. 7/2/2001.