N.J. Stat. § 52:9H-18
Restriction on appropriation of balances in Surplus Revenue Fund
New Jersey · New Jersey Statutes Title 52 — State Government, Departments and Officers · Status: effective
Cite this
- Citation
- N.J. Stat. § 52:9H-18, Restriction on appropriation of balances in Surplus Revenue Fund, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1477567
- Permanent ID
ys:prov:1477567@1- SHA-256
ece38e9d99672203c40cdef056360f7a2d9b7ca1ca4b1e88e50d86115cff6b8a
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
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 separate certification by the Governor that anticipated revenues in the General Fund are estimated to be less than those certified by him upon approval of the annual appropriation act; or b. upon a finding by the Legislature, based on its research, that to offset revenue declines anticipated in the General Fund an appropriation from the "Surplus Revenue Fund" is a more prudent fiscal policy than imposing new taxes or increasing any rate of tax or otherwise modifying the tax structure, including elimination or modification of deductions, exclusions or exemptions.