New Jersey § 18A:58-33.7 Additional aid for payment of debt service on bonds and notes;   limitations

New Jersey Statutes

§ 18A:58-33.7 — Additional aid for payment of debt service on bonds and notes; limitations

New Jersey § 18A:58-33.7

Title 18AEDUCATION

This text of New Jersey § 18A:58-33.7 (Additional aid for payment of debt service on bonds and notes; limitations) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 18A:58-33.7 (2026).

Text

Additional State school building aid shall be made available to school districts in accordance with the provisions of this act for the payment of debt service (interest and principal) on bonds and notes (as hereinafter defined) entitled to the benefits of this act, provided that the amount of aid payable in any year to any school district shall not exceed an amount equal to $25.00 per pupil in resident enrollment in such school district on September 30, 1969, and provided further that the total principal amount of bonds entitled to the benefits of this act shall not exceed $90,000,000.00. L.1971, c. 10, s. 2, eff. Jan. 21, 1971.

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Additional State school building aid shall be made available to school districts in accordance with the provisions of this act for the payment of debt service (interest and principal) on bonds and notes (as hereinafter defined) entitled to the benefits of this act, provided that the amount of aid payable in any year to any school district shall not exceed an amount equal to $25.00 per pupil in resident enrollment in such school district on September 30, 1969, and provided further that the total principal amount of bonds entitled to the benefits of this act shall not exceed $90,000,000.00. L.1971, c. 10, s. 2, eff. Jan. 21, 1971.