New Jersey § 5:10A-54 Conditions for nonpayment of adjustment.

New Jersey Statutes

§ 5:10A-54 — Conditions for nonpayment of adjustment.

New Jersey § 5:10A-54

Title 5AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS

This text of New Jersey § 5:10A-54 (Conditions for nonpayment of adjustment.) 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. § 5:10A-54 (2026).

Text

54.Notwithstanding the provision of any law, rule, or regulation to the contrary, no constituent municipality shall pay out, or receive an adjustment payment for any adjustment year in which its municipal equalized valuation per capita, as defined in section 1 of P.L.1978, c.14 (C.52:27D-178) and as certified by the Director of the Division of Local Government Services in the Department of Community Affairs exceeds $1,000,000. L.2015, c.19, s.54.

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54. Notwithstanding the provision of any law, rule, or regulation to the contrary, no constituent municipality shall pay out, or receive an adjustment payment for any adjustment year in which its municipal equalized valuation per capita, as defined in section 1 of P.L.1978, c.14 (C.52:27D-178) and as certified by the Director of the Division of Local Government Services in the Department of Community Affairs exceeds $1,000,000. L.2015, c.19, s.54.