N.J. Stat. § 52:8-6
Apportionment of income
New Jersey · New Jersey Statutes Title 52 — State Government, Departments and Officers · Status: effective
Cite this
- Citation
- N.J. Stat. § 52:8-6, Apportionment of income, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1477500
- Permanent ID
ys:prov:1477500@1- SHA-256
a7f6360c96a4eb640b435956b0003ec76e0b387fb833d8983da5b21e725acc35
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The income of the fund shall be apportioned annually on or before the thirtieth day of June to the several counties in the proportion that the amount repaid or redeposited in the State treasury by each county shall bear to the total of the principal of the fund so repaid or redeposited. The amounts so apportioned shall be paid by the State Treasurer to the several treasurers of the counties entitled to receive the same. The amount so received by the treasurer of the county shall be further apportioned among the several school districts of that county in the same manner as other school funds are apportioned.
In making the first apportionment under this amendatory statute the same may include income from the twelfth day of March, one thousand nine hundred and forty-five, to the thirtieth day of June, one thousand nine hundred and forty-six.
Amended by L.1946, c. 62, p. 236, s. 1.