New Jersey § 40a:3-3

§ 40a:3-3.

For the purposes of P.L.1976, c. 38 , unless the context clearly requires a different meaning: a. “ Business Personal Property Tax Replacement Revenues ” means the funds distributed to municipalities pursuant to P.L.1966, c. 135 ( C.54:11D-1 et seq. ) or pursuant to any other law hereafter enacted providing for funds to municipalities

in lieu of or in substitution for or supplementing the funds presently provided pursuant

to P.L.1966, c. 135 ( C.54:11D-1 et seq. ); b. “ Debt service ” means and includes payments of principal and interest upon qualified bonds issued

pursuant to the terms of P.L.1976, c. 38 or amounts required in order to satisfy sinking fund payment requirements and any other amounts, including fees and charges due under the applicable documents, with respect to such bonds; c. “ Director ” means Director of the Division of Local Government Services in the Department of

Community Affairs, established pursuant to P.L.1974, c. 35 ( C.52:27D-18.1 ); d. “ Local Finance Board ” means the Local Finance Board in the Division of Local Government Services in the

Department of Community Affairs, established pursuant to P.L.1974, c. 35 ( C.52:27D-18.1 ); e. “ Paying agent ” means any bank, trust company or national banking association having the power to

accept and administer trusts, named or designated in any qualified bond of a municipality

as the agent for the payment of the principal of and interest thereon and shall include

the holder of any sinking fund established for the payment of such bonds; f. “ Qualified bonds ” means those bonds of a municipality authorized and issued in conformity with the

provisions of P.L.1976, c. 38 ; g. “ State urban aid ” means the funds made available to municipalities pursuant to P.L.1971, c. 64 and

all acts supplementing that act or pursuant to any other law hereafter enacted providing

for funds to municipalities in lieu of or in substitution for the funds presently

provided pursuant to acts supplementing P.L.1971, c. 64; h. “ State revenue sharing ” means the funds made available to municipalities pursuant to P.L.1976, c. 73 ( C.54A:10-1 et seq. ) or pursuant to any other law hereafter enacted providing for funds to municipalities

in lieu of or in substitution for the funds presently provided pursuant to P.L.1976,

c. 73; i. “ Gross receipts tax revenues ” means funds collected pursuant to P.L.1940, c. 4 ( C.54:30A-16 et seq. ) and P.L.1940, c. 5 ( C.54:30A-49 et seq. ), and apportioned and paid to municipalities pursuant to those acts; and j. “ Municipal Purposes Tax Assistance Fund distributions ” means the moneys distributed to municipalities from the “Municipal Purposes Tax

Assistance Fund” pursuant to the “Municipal Purposes Tax Assistance Act of 1980,”

P.L.1980, c. 12 ( C.54:1-46 et seq. ), or pursuant to any other law hereafter enacted for the distribution of moneys to

municipalities in lieu of or in substitution for the monies distributed pursuant to

the “Municipal Purposes Tax Assistance Act of 1980,” P.L.1980, c. 12 ( C.54:1-46 et seq. ).