New Jersey Statutes
§ 52:9H-23 — Limitation
New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
The amount available for appropriation for the purposes specified in section 9 shall not be in excess of an amount equivalent to 2% of the amount certified by the Governor as total anticipated revenues in the General Fund and the Property Tax Relief Fund upon approval of the annual appropriation act. If the amount reported by the State Treasurer as required in section 8 is in excess of the amount available for appropriation pursuant to section 9 as limited in this section, that amount, if any, shall be included in the undesignated balance in the General Fund and available for appropriation as otherwise provided by law. L.1990,c.44,s.10.
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Nearby Sections
15
§ 52:9H 34
§ 52:9H 34§ 52:9H 35
§ 52:9H 35§ 52:9H 36
§ 52:9H 36§ 52:9H 37
§ 52:9H 37§ 52:9H-14
Surplus Revenue Fund§ 52:9H-15
"Anticipated revenue" defined§ 52:9H-2
1§ 52:9H-20
Revenue decline§ 52:9H-21
Appropriation of excess§ 52:9H-22
Purposes for appropriation