26:1A-36.3 - Special fund established - New Jersey Statutes

26:1A-36.3.  Special fund established
    There is established in the General Fund the "Supplemental Nutrition Assistance Contingency Fund" as a special fund.  The State Treasurer shall credit the fund with all moneys appropriated thereto or otherwise made available, and all interest received from the investment of moneys in the fund.  All moneys in the fund are appropriated to effectuate the purposes of this act, and any unexpended balances in the fund at the end of a fiscal year shall be appropriated to the credit of the fund.  Moneys in the fund shall be available as a contingency reserve to ensure that underenrollment of persons otherwise eligible for supplemental foods under the special supplemental food program for women, infants and children (WIC) established pursuant to Pub.L. 95-267 (42 U.S.C. s. 1786) does not occur due to a concern of overspending federal funds available for that program.  Moneys in the fund shall not be available to expand or augment program services and shall not be expended for the administrative costs of the program.

   L. 1987, c. 261, s. 3.