Statutes, codes, and regulations
New Jersey Statutes
Title 54 - TAXATION
Chapter 54:1 - STATE TAX DEPARTMENT CONTINUED; "DEPARTMENT" DEFINED
Section 54:1-48 - Municipal purposes tax assistance fund; establishment; distribution of deposits

N.J. Stat. § 54:1-48

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Current through L. 2024, c. 87.
Section 54:1-48 - Municipal purposes tax assistance fund; establishment; distribution of deposits

There is established in the Department of the Treasury for the purpose of providing State aid to qualifying and participating municipalities a "Municipal Purposes Tax Assistance Fund" to be administered by the State Treasurer. All amounts deposited in the fund pursuant to law shall be distributed to qualifying municipalities pursuant to this act.

N.J.S. § 54:1-48

L.1980, c.12, s.3, eff. 3/18/1980.