52:9H-22 - Purposes for appropriation - New Jersey Statutes

52:9H-22.    Purposes for appropriation       Upon notice from the State Treasurer of the amount of excess in the "Surplus Revenue Fund" pursuant to section 8 of this act, there may be appropriated sums for any one or more of the following purposes: 

    a.   To provide a reserve fund for retirement, purchase or discharge of outstanding general obligation bonds of the State of New Jersey; 

    b.   To provide appropriations for capital projects;

    c.   To provide appropriations to reduce or offset real property taxes. 

    L.1990,c.44,s.9.