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Current as of January 01, 2024 | Updated by Findlaw Staff
a. The annual appropriations act for each State fiscal year shall, without other conditions, limitations or restrictions on the following:
(1) credit amounts paid to the State Treasurer, if any, in payment of fees collected pursuant to paragraph (1) or paragraph (2) of subsection a. of section 3 of P.L.1968, c. 49 (C.46:15-7) to the “Shore Protection Fund” created pursuant to section 1 of P.L.1992, c. 148 (C.13:19-16.1), the Neighborhood Preservation Nonlapsing Revolving Fund established pursuant to section 20 of P.L.1985, c. 222 (C.52:27D-320), and the “Highlands Protection Fund” created pursuant to section 21 of P.L.2004, c. 120 (C.13:20-19), pursuant to the requirements of section 4 of P.L.1968, c. 49 (C.46:15-8);
(2) appropriate the balance of the “Shore Protection Fund” created pursuant to section 1 of P.L.1992, c. 148 (C.13:19-16.1), for the purposes of that fund;
(3) appropriate the balance of the Neighborhood Preservation Nonlapsing Revolving Fund established pursuant to section 20 of P.L.1985, c. 222 (C.52:27D-320), for the purposes of that fund; and
(4) appropriate the balance of the “Highlands Protection Fund” created pursuant to section 21 of P.L.2004, c. 120 (C.13:20-19), for the purposes of that fund.
b. If the requirements of subsection a. of this section are not met on the effective date of an annual appropriations act for the State fiscal year, or if an amendment or supplement to an annual appropriations act for the State fiscal year should violate any of the requirements of subsection a. of this section, the Director of the Division of Budget and Accounting in the Department of the Treasury shall, not later than five days after the enactment of the annual appropriations act, or an amendment or supplement thereto, that violates any of the requirements of subsection a. of this section, certify to the Director of the Division of Taxation that the requirements of subsection a. of this section have not been met.
Cite this article: FindLaw.com - New Jersey Statutes Title 46. Property 46 § 15-10.2 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-46-property/nj-st-sect-46-15-10-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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