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Section 54:5-34.2 - Notice to state by municipality

NJ Rev Stat § 54:5-34.2 (2019) (N/A)
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54:5-34.2. Notice to state by municipality

Any municipality may, upon written notification to the Director of the Division of Local Government Services in the Department of Community Affairs, delivered on or before the submission of the annual municipal budget to the director, that the municipality shall conduct in the current local budget year a tax sale of real property qualifying for State purchase under section 1 of this act, anticipate in its budget the revenues from the proceeds of the sale to be conducted.

L.1981, c. 194, s. 2, eff. July 2, 1981.

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Section 54:5-34.1 - State to purchase in fee subject to redemption; over 15% of tax revenue of municipality owed by delinquent taxpayer; repurchase by municipality
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Section 54:5-34.3 - Certification of state's annual obligation for inclusion in annual state appropriations act