State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-10a > 54-10a-24

54:10A-24.  Annual appropriation for free public schools
    Out of the proceeds of the taxes, interest and penalties collected pursuant  to this act, there is hereby appropriated, for the purpose of maintaining free  public schools, the sum of four million dollars ($4,000,000.00) annually, which  sum shall on or before December twentieth in each year be credited by the State  Treasurer to the State public school account.  Such appropriation shall be  applied to the support of the free public schools, and shall be apportioned and  distributed as provided by law.

     L.1945, c. 162, p. 574, s. 24.  Amended by L.1946, c. 89, p. 309, s. 1.