Section 34:1B-133 - Disbursement conditions.

NJ Rev Stat § 34:1B-133 (2019) (N/A)
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34:1B-133 Disbursement conditions.

10. No amount shall be disbursed to a recipient business as a grant under this act in any year until the State Treasurer has certified that the amount of withholdings or estimated taxes of partners, or any combination thereof, received in that year by the division from the business or the partners of the business equals or exceeds the amount of the grant.

L.1996,c.26,s.10; amended 1998, c.33, s.3.