New Jersey § 18a:73-22

§ 18a:73-22.

a. There is hereby established within the Department of State a revolving, nonlapsing

fund which shall be credited with the monies appropriated in section 5 of this act

and such other monies as may be appropriated or made available to the New Jersey Historical

Commission for the purposes of the programs established pursuant to subsection a.

of section 3 of this act. The fund shall be administered by the Secretary of State and all disbursements from

the fund shall be made by the secretary at the request of the commission. Disbursements from the fund shall be solely for the purposes of the programs established

in subsection a. of section 3 of this act and disbursements for a program shall be

made from the separate account in the fund created for the purposes of that program. Any interest that shall accrue on the monies in the fund shall be credited to the

fund, and to each separate account within the fund as determined by the secretary. b. The secretary shall create two separate accounts within the fund. The first of the accounts shall be credited with the monies appropriated or made

available for the purposes of the program established pursuant to paragraph (1) of

subsection a. of section 3 of this act. The second of the accounts shall be the credited with the monies appropriated or

made available for the purposes of the program established pursuant to paragraph (2)

of subsection a. of section 3 of this act. c. Of the monies credited to the account created for the purposes of the program established

pursuant to paragraph (2) of subsection a. of section 3 of this act, the commission

may annually expend an amount of up to 10% of the monies in the account to undertake

special initiatives to stimulate research and publication in the field of New Jersey

history. d. (1) Of the monies credited to the account created for the purposes of the program

established pursuant to paragraph (1) of subsection a. of section 3 of this act, the

commission may expend annually an amount of up to 1.75% of the monies in the account

for necessary expenses incurred for the administration of that program, including

expenses in categories such as, but not limited to: salary and fringe benefits for

one assistant grant administrator; office equipment and supplies; printing and postage

to publish program guidelines and criteria and advertise the program; and travel

and maintenance for the members of the review panel selected pursuant to paragraph

(1) of subsection c. of section 3 of this act. (2) Of the monies credited to the account created for the purposes of the program

established pursuant to paragraph (2) of subsection a. of section 3 of this act, the

commission may expend annually an amount of up to 2.0% of the monies in the account

for necessary expenses incurred for the administration of that program, including

expenses in categories such as, but not limited to, office equipment and supplies;

printing and postage to publish program guidelines and criteria and advertise the

program; and travel and maintenance for the members of the review panel selected

pursuant to paragraph (1) of subsection c. of section 3 of this act. 1 1

L.1999, c. 131 (N.J.S.A. § 18A:73-22.3).