New Jersey Statutes
§ 52:27BBBB-21 — Additional payments required.
New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
4. a. In addition to the amounts required to be remitted under section 3 of P.L.2016, c.5 (C.52:27BBBB-20), the owner of each casino gaming property shall make a separate payment to the State, where the aggregate amount of these payments paid by the casino gaming properties shall be equal to the following:
(1)$30,000,000 for calendar year 2015;
(2)$30,000,000 for calendar year 2016;
(3)$15,000,000 for calendar year 2017;
(4)$10,000,000 for calendar year 2018; and (5) $5,000,000 per year for calendar years 2019 through 2026. b. The Local Finance Board, in consultation with the division, shall determine the amount owed for each casino gaming property based on the proportion of gross gaming revenue of the casino in casino gaming property in the prior year. The owner of each casino gaming
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Nearby Sections
15
§ 52:27BBBB-1
Short title.§ 52:27BBBB-10
Severability.§ 52:27BBBB-12
Specific power, authority not construed to limit, restrict certain general authorities.§ 52:27BBBB-13
Liberal construction.§ 52:27BBBB-15
Attendance of certain meetings required, final report.§ 52:27BBBB-16
Transfer of necessary appropriations.§ 52:27BBBB-17
Required amount of relief aid.§ 52:27BBBB-18
Short title.§ 52:27BBBB-19 Findings, declarations relative to stabilization of finances of a municipality in which casino gaming is authorized.
§ 52:27BBBB-19 Findings, declarations relative to stabilization of finances of a municipality in which casino gaming is authorized.§ 52:27BBBB-20
Definitions relative to stabilization of finances of a municipality in which casino gaming is authorized.§ 52:27BBBB-21
Additional payments required.