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N.J.S.A. § 54:4-2.2j.

Appropriation lower than amount necessary for full funding; apportionment of payments

Official textNew Jersey Statutes Annotated (Tax)lis.njleg.state.nj.uslast amended
Summarize

In the event that an appropriation made for any year is less than the amount required for full payment in lieu of taxes to each municipality, the amount otherwise payable to each municipality shall be reduced in the same proportion as the appropriation made is to the amount required for full funding.

L.1977, c. 272, s. 10.

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In this chapter (40 sections)
  1. 54:4-1.8. · Trailers; inapplicability of act
  2. 54:4-1.9. · Transfer inheritance and estate tax; application to…
  3. 54:4-2. · Taxation of property of corporations
  4. 54:4-2.10. · Anticipation of taxes to be collected from leasehold…
  5. 54:4-2.11. · Leasehold estates existing October 1, 1949
  6. 54:4-2.12 · Application of act, exemptions
  7. 54:4-2.13. · Effective date
  8. 54:4-2.25. · Standard of value for assessment of real property; taxable…
  9. 54:4-2.26. · Percentage level of taxable value; limits
  10. 54:4-2.27. · Time for establishment of percentage level of taxable…
  11. 54:4-2.2a. · State property defined
  12. 54:4-2.2b. · State property; assessment and subjection to in lieu tax…
  13. 54:4-2.2c. · Statements of taxable value
  14. 54:4-2.2d. · Review and revision of list and assessment by director;…
  15. 54:4-2.2e. · State's liability for in lieu tax payments; computation;…
  16. 54:4-2.2e1. · Adjustments to in lieu of tax payment
  17. 54:4-2.2f. · Certification of amount of liability
  18. 54:4-2.2g. · Annual appropriation; inclusion in budget
  19. 54:4-2.2h. · Anticipation by municipalities in preparation of annual…
  20. 54:4-2.2i. · Payment; dates
  21. 54:4-2.2j. · Appropriation lower than amount necessary for full…
  22. 54:4-2.2k. · Rules and regulations; access to facts and information
  23. 54:4-2.3. · Exempt property leased to person whose property is not…
  24. 54:4-2.31. · Personal property classifications; rules and regulations
  25. 54:4-2.32. · Partial invalidity
  26. 54:4-2.33. · Repeals
  27. 54:4-2.34. · Applicability of act
  28. 54:4-2.35. · Intention of legislature
  29. 54:4-2.37. · Time of performance
  30. 54:4-2.38. · Time of performance
  31. 54:4-2.39. · Return of tangible personal property used in business
  32. 54:4-2.4. · Leasehold less than calendar year; proportionate assessment
  33. 54:4-2.40. · Failure to file return; penalty
  34. 54:4-2.41. · Use of returns; destruction
  35. 54:4-2.42. · Confidential nature of returns
  36. 54:4-2.43. · Co-operation and assistance of assessors and public…
  37. 54:4-2.44. · Standard of value; assessment
  38. 54:4-2.46. · Time of determining true value; assessment date
  39. 54:4-2.47. · Taxable value of tangible personal property; computation
  40. 54:4-2.48. · Return of taxable personal property; filing; review, audit…
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