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N.J.S.A. § 54:8A-21.

Endowment fund; investment; use

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

So much of the moneys as may be in the Transportation Fund at any time and as may be in excess of the amounts needed to meet anticipated uses thereof pursuant to this act during any fiscal year, shall be held and accumulated as an endowment fund, and may be invested and reinvested from time to time, in the same manner as any State funds may be invested, and the income thereof, as well as so much of the principal as may be necessary from time to time, shall be applied to the purposes authorized for the said Transportation Fund, within the limits of available appropriations.

L.1961, c. 32, p. 136, s. 21, eff. May 29, 1961.

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In this chapter (40 sections)
  1. 54:8A-5. · "Critical area state" defined; legislative findings;…
  2. 54:8A-6. · Rates; computation of tax upon entire net income
  3. 54:8A-6.1. · Minimum income tax on minimum taxable income of each…
  4. 54:8A-6.2. · Minimum taxable income
  5. 54:8A-6.3. · Tax surcharge
  6. 54:8A-6.4. · Maximum tax rate on personal service income
  7. 54:8A-7. · Gross income defined; manner of computing
  8. 54:8A-8. · "Taxpayer" defined
  9. 54:8A-9. · Standard deduction
  10. 54:8A-10. · Exemptions from net income
  11. 54:8A-11. · "Dependent" defined
  12. 54:8A-12. · "Related to taxpayer" defined
  13. 54:8A-13. · Dependent; claim by person contributing more than ten per…
  14. 54:8A-14. · "Eligibility year" defined
  15. 54:8A-15.1. · Household, and household and dependent care services…
  16. 54:8A-16. · Credits for tax imposed by another critical area state
  17. 54:8A-17. · Withholding tax
  18. 54:8A-18. · Payment of tax; returns; extension of time
  19. 54:8A-19. · Assignment of claim for refund of money paid or withheld in…
  20. 54:8A-20. · Transportation fund; purposes; authorization to use
  21. 54:8A-21. · Endowment fund; investment; use
  22. 54:8A-22. · Misapplication of funds; right to refund
  23. 54:8A-23. · "Source state" defined
  24. 54:8A-29. · Taxable year; annual accounting period; calendar year;…
  25. 54:8A-30. · "Partnership" defined
  26. 54:8A-31. · Partnership liability; inclusions in gross income
  27. 54:8A-32. · Computation of gross income of taxpayer
  28. 54:8A-33. · Income derived from sources within taxpayer's source state;…
  29. 54:8A-34. · "Net income" defined
  30. 54:8A-35. · Computation of net income; deductions
  31. 54:8A-36. · Computation of gross income from federal adjusted gross…
  32. 54:8A-37. · Additional deductions
  33. 54:8A-38. · Inventories
  34. 54:8A-39. · Net capital gain or loss; computation; deductions
  35. 54:8A-40. · Items not deductible
  36. 54:8A-41. · "Capital assets" defined
  37. 54:8A-42. · Basis of property; gain or loss from sale or other…
  38. 54:8A-43. · Agreements with taxpayer relating to liability
  39. 54:8A-44. · Persons required to file
  40. 54:8A-46. · Actions for collection of tax
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