58:16A-17 - Money received pursuant to Federal Flood Control Act of 1938; disbursement; expenditures - New Jersey Statutes

58:16A-17.  Money received pursuant to Federal Flood Control Act of 1938; disbursement;  expenditures
    Whenever, pursuant to the Federal Flood Control Act of 1938 as supplemented  by the Act of August 18, 1941 as amended, the State Treasurer has received or  shall receive from the Federal Government all or any part of the moneys  received and deposited in the Treasury of the United States on account of the  leasing of lands acquired by the United States for flood control, navigation  and allied purposes, the State Treasurer shall forthwith pay over said funds to  the county or counties in which such property is situate, in proportion to the  receipts obtained from the leases of the properties in the respective counties,  to be expended by said county or counties for the benefit of any of the public  schools and public roads either under the jurisdiction of the county or of the  municipality in which any of the aforesaid properties may lie, or for defraying  the expenses of county government in such county;  provided, that when such  property is situated in more than one county, the distributive share to each  county from the proceeds of such property shall be proportional to its area therein;  and all of said moneys received by the State Treasurer as aforesaid  are hereby appropriated to the several counties as hereinbefore provided for  the purposes set forth herein.     L.1957, c. 67, p. 131, s. 1.  Amended by L.1977, c. 181, s. 1, eff. Aug. 18, 1977.