New Jersey § 13:1e-116
Full text of New Jersey New Jersey Statutes § 13:1e-116, with citation guidance and answers to common questions.
§ 13:1e-116.
a. There is created in the Department of the Treasury a special fund to be known as
the Municipal Landfill Closure and Remediation Fund. Moneys in the fund shall be dedicated to the purpose of reimbursing a developer
who enters into a redevelopment agreement pursuant to section 3 of P.L.1996, c. 124 ( C. 13:1E-116.3 ) and is certified for reimbursement pursuant to section 4 of P.L.1996, c. 124 ( C. 13:1E-116.4 ) in an amount equal to 75% of the closure and remediation costs of the municipal
solid waste landfill. A special account within the fund shall be created for each developer upon approval
of a certification pursuant to section 4 of P.L.1996, c. 124 ( C. 13:1E-116.4 ). The Legislature shall annually appropriate the entire balance of the fund for the
purposes of reimbursement of closure and remediation costs as provided in section
7 of P.L.1996, c. 124 ( C. 13:1E-116.7 ). b. The fund shall be credited with one half of all taxes due and payable pursuant
to the “Sales and Use Tax Act,” P.L.1966, c. 30 ( C. 54:32B-1 et seq. ) by any person required to collect the tax at the site of a redevelopment project
which is the subject of a redevelopment agreement with the State pursuant to section
3 of P.L.1996, c. 124 ( C. 13:1E-116.3 ) until the amount credited equals 75% of the dollar amount of the closure and remediation
costs actually and reasonably incurred by the developer, as certified to the director
by the developer.
Frequently Asked Questions About New Jersey § 13:1e-116
What does New Jersey Statutes § 13:1e-116 cover?
Section 13:1e-116 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 13:1e-116?
A common citation format is "New Jersey Statutes § 13:1e-116" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 13:1e-116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.