54:4-8.53a - Reimbursement to taxing district relative to deductions - New Jersey Statutes

54:4-8.53a  Reimbursement to taxing district relative to deductions5.  The State shall annually reimburse each taxing district in an amount equal to 102 percent of the amount of any deductions permitted by that taxing district in the current tax year  pursuant to the act of which this act is amendatory and supplementary.

L.1981,c.85,s.5; amended 1997, c.30, s.4.