State Codes and Statutes

Statutes > New-jersey > Title-52 > Section-52-27d > 52-27d-179

52:27D-179.  Annual appropriation to be apportioned among qualified municipalities;  additional amount    There shall be annually appropriated a sum which shall be apportioned among  municipalities which qualify for State aid under the provisions of this act for  the purpose of enabling such municipalities to maintain and upgrade municipal  services and to offset local property taxes.  In addition to any amount so  apportioned there shall be added to the amount to be paid and distributed to  any qualifying municipality which is entitled to State aid pursuant to this act  such amount as may be necessary so that the amount to which such municipality  is entitled to receive in any year shall not be less than the amount which such  municipality received in the preceding year pursuant to this act or, in the  first year of this act's operations. P.L.1976, c. 12, provided, however, that  from the moneys appropriated to fund this act, payments shall first be  apportioned so that each municipality which received payments in 1977 pursuant  to P.L.1977, c. 38, receives the same amount which it received in 1977 pursuant to P.L.1977, c. 38, even if after such payments are made insufficient funds  remain for increased distributions to municipalities which already are  qualifying municipalities or for new distributions to municipalities which  become qualifying municipalities;  and further provided that each municipality  in the first year it qualifies for said State aid payments shall receive payments pursuant to this act before any municipalities which had received such  State aid in the preceding year pursuant to this act or P.L.1977, c. 38 shall  receive any payments in excess of the payments received in the preceding year.   Any provision herein to the contrary notwithstanding, a municipality which has  received State aid pursuant to P.L.1971, c. 64 as supplemented but which is no  longer a qualifying municipality pursuant to this act shall receive, in any  year in which it has qualified bonds outstanding pursuant to P.L.1976, c. 38  (C. 40A:3-1 et seq.) and which were issued prior to the effective date of this act, the amount which it received in 1977 pursuant to P.L.1977, c. 38.

     L.1978, c. 14, s. 2, eff. March 30, 1978.