Section 52:27BBBB-26 - Classification of certain moneys allocated.

NJ Rev Stat § 52:27BBBB-26 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

52:27BBBB-26 Classification of certain moneys allocated.

10. Notwithstanding any law, rule, or regulation to the contrary, all monies allocated pursuant to section 9 of P.L.2016, c.5 (C.52:27BBBB-25) shall be considered "funds appropriated as State aid and not otherwise dedicated to specific municipal programs" so payable to such municipality that are withheld or are required to be withheld by the State Treasurer under the "Municipal Qualified Bond Act," P.L.1976, c.38 (C.40A:3-1 et seq.).

L.2016, c.5, s.10.