6 chapters · 103 sections in this title.
N.J.S.A. 49:2A-1 Short title.
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49:2A-1 Short title. 1. This act shall be known and may be cited as the "New Jersey Bond Volume Cap Allocation Act." L.1987, c.393, s.1; amended 2009, c.76, s.1.
N.J.S.A. 49:2A-2 Findings, determinations.
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49:2A-2 Findings, determinations. 2. The Legislature finds and determines that: a. The Internal Revenue Code of 1986, 26 U.S.C. s.146 et seq., as amended, by the "Tax Reform Act of 1986," Pub.L.99-514, and as thereafter amended, hereinafter referred to as the "Code," imposes an a…
N.J.S.A. 49:2A-3 Definitions.
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49:2A-3 Definitions. 3. As used in this act: a. "Bond" means a revenue obligation, security, bond, note, debenture, certificate or other evidence of indebtedness of an issuer. b. "Carryforward" means that portion of the State volume cap for any calendar year which is unused durin…
N.J.S.A. 49:2A-4 Allocation of State volume cap.
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49:2A-4 Allocation of State volume cap. 4. a. In order to ensure that the limited amounts of available tax-exempt private activity bond financing, tax-credit bond financing, and tax-subsidy bond financing are used in the most effective manner by issuers, the Governor is authorize…