Title 52, Title 52: STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

52:9H-16. Determination of amount to be credited to fund The amount to be annually credited to the Surplus Revenue Fund shall be determined by the State Treasurer in the following manner: a. He shall identify the amount of General Fund anticipated revenue certified by the Governo…

52:9H-17. Estimate of credit to Surplus Revenue Fund The Governor shall include in his annual budget message to the Legislature an estimate of the credit to be made to the "Surplus Revenue Fund" as a reduction of the estimated undesignated fund balance in the General Fund as of J…

52:9H-18. Restriction on appropriation of balances in Surplus Revenue Fund Balances in the "Surplus Revenue Fund" shall not be available for appropriation except as provided in this act. Balances in the "Surplus Revenue Fund" may be appropriated by the Legislature only: a. upon s…

52:9H-19. Use of balances for meeting costs of emergency The provisions of this act shall not be construed to render balances in the "Surplus Revenue Fund" unavailable for meeting the costs of any emergency identified by the Governor. Balances in the "Surplus Revenue Fund" are ap…

52:9H-2. State revenues, payment into General State Fund; uncommitted balances; lapses All State revenues which are now payable into the General State Fund and all State revenues which are now payable into the State Highway Fund shall after June thirtieth, one thousand nine hundr…

52:9H-2.1 "Long Term Obligation and Capital Expenditure Fund"; funding; uses. 1. a. There is established in the General Fund a separate, non-lapsing fund to be known as the "Long Term Obligation and Capital Expenditure Fund." The Long Term Obligation and Capital Expenditure Fund …

52:9H-2.2 "New Jersey Debt Defeasance and Prevention Fund", created. 1. a. There is created within the General Fund a restricted reserve fund to be known as the "New Jersey Debt Defeasance and Prevention Fund." The "New Jersey Debt Defeasance and Prevention Fund" shall be credite…

52:9H-20. Revenue decline a. If in any fiscal year there is enacted an appropriation from the "Surplus Revenue Fund" pursuant to section 5 of this act, there shall not be enacted any imposition of new taxes or increases in existing tax rates or tax structure modifications having …

52:9H-21. Appropriation of excess Notwithstanding the restrictions on the appropriation of the balances in the "Surplus Revenue Fund" imposed by section 5 of this act, if balances in the fund exceed an amount equivalent to 5% of the amount certified by the Governor as total antic…

52:9H-22. Purposes for appropriation Upon notice from the State Treasurer of the amount of excess in the "Surplus Revenue Fund" pursuant to section 8 of this act, there may be appropriated sums for any one or more of the following purposes: a. To provide a reserve fund for retire…

52:9H-23. Limitation 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…

52:9H-24. Short title This act shall be known and may be cited as the "State Appropriations Limitation Act." L.1990,c.94,s.1.

52:9H-25. Definitions As used in this act: a. "Base year" means the fiscal year prior to the fiscal year for which an appropriation or expenditure is to be made; and b. "Appropriations" means the aggregate amounts appropriated by the State in the general appropriation law and all…

52:9H-26. Formula for determination of maximum appropriations In each fiscal year commencing after June 30, 1992, the appropriations of the State shall not exceed the maximum appropriations permitted pursuant to the following formula: Maximum Appropriations = Base Year Appropriat…

52:9H-27. Transfer, assumption of functions or service; adjustment to formula For each of the following conditions, any transfer or assumption of functions or service that occurs shall be deemed to have occurred in the base year, and the "base year appropriations" component of th…

52:9H-28. Exceeding maximum appropriations; permitted Any provisions of this act to the contrary notwithstanding, the State may exceed the maximum appropriations permitted pursuant to the formula prescribed in section 3 of this act in any fiscal year if a bill making an appropria…

52:9H-29. Maximum appropriations not required This act shall not be construed to require the State to appropriate in any fiscal year the maximum appropriations permitted pursuant to the formula prescribed in this act. L.1990,c.94,s.6.

52:9H-3. General appropriation law So far as known or can be reasonably foreseen, all needs for the support of the State Government and for all other State purposes shall be provided for in one general appropriation law covering one and the same fiscal year except that, if change…

52:9H-30. Governor's budget message; request for appropriation In presenting the annual budget message the Governor shall not request or recommend for appropriation any amount in excess of the maximum appropriations permitted pursuant to this act for the fiscal year for which the…

52:9H-38 "Corporation Business Tax Excess Revenue Fund." 32. a. There is hereby created within the General Fund a restricted reserve fund to be known as the "Corporation Business Tax Excess Revenue Fund." The State Treasurer shall credit to the "Corporation Business Tax Excess Re…

52:9H-39 "New Jersey Tax and Fiscal Policy Study Commission"; membership. 1. a. There is established a commission in but not of the Department of the Treasury to be known as the "New Jersey Tax and Fiscal Policy Study Commission." The commission shall consist of nine members, of …

52:9H-4. Payment out of dedicated funds unaffected Nothing in this act shall be construed to change or affect in any way the payment or the amount of payment of moneys now or heretofore made under any items designated in former State highway appropriation acts as "Mandatory dedic…

52:9H-40 Duties of commission. 2. The commission shall engage in a continuous study of the State and local tax structure and related fiscal issues with regard to the laws relating to the imposition, assessment and collection of State and local taxes, with attention given, but not…

52:9H-41 Executive director, staff, availability of services. 3. a. The commission shall be entitled to appoint an executive director and a staff and to call to its assistance and avail itself of the services of employees of any State, county or municipal department, board, burea…

52:9H-42 Report on tax levy caps to Governor, Legislature. 15. On or before January 15, 2012, the New Jersey Tax and Fiscal Policy Study Commission created by P.L.2007, c.43 (C.52:9H-39 et seq.) shall report to the Governor and Legislature, pursuant to section 2 of P.L.1991, c.16…