New Jersey Acts Saved from Repeal ACTS SAVED 30 § 3-4(11)

11. The proceeds from the sale of said bonds shall be known as “state institutional construction fund”.  Such fund shall be held for the demand of the state board of control of institutions and agencies in accord with appropriations made therefor by the legislature and shall be drawn upon and disbursed as other funds from the state treasury, and the balance remaining in said “state institution construction fund” shall thereafter be allotted to appropriations now or hereafter made by the legislature by the state house commission upon application made by the state board of control of institutions and agencies.