New Jersey § 34:1b-21
Full text of New Jersey New Jersey Statutes § 34:1b-21, with citation guidance and answers to common questions.
§ 34:1b-21.
From the proceeds of the bonds issued pursuant to section 3 of P.L.2006, c. 102 ( C.34:1B-21.33 ) for State capital construction projects, the following amounts shall be provided
by the authority from time to time, and applied as set forth in this section upon
written request of the State Treasurer pursuant to an agreement between the authority
and the State Treasurer authorized and entered into pursuant to this section: a. From $270,000,000 in the aggregate from the proceeds of bonds issued after enactment
of this act: (1) an amount not to exceed $150,000,000 shall be utilized by the authority, pursuant
to an agreement between the State Treasurer and the authority, to fund the capital
costs of stem cell research facilities--New Brunswick; (2) an amount not to exceed $50,000,000 shall be utilized by the authority, pursuant
to an agreement between the State Treasurer and the authority, to fund the capital
costs of biomedical research facilities; (3) an amount not to exceed $50,000,000 shall be utilized by the authority, pursuant
to an agreement between the State Treasurer and the authority, to fund the capital
costs of stem cell research facilities--Newark; (4) an amount not to exceed $10,000,000 shall be utilized by the authority, pursuant
to an agreement between the State Treasurer and the authority, to fund the capital
costs of blood collection facilities; and (5) an amount not to exceed $10,000,000 shall be utilized by the authority, pursuant
to an agreement between the State Treasurer and the authority, to fund the capital
costs of cancer research facilities. b. Any agreement entered into pursuant to this section shall specify the scope of
the State capital construction project, the use of the proceeds of the bonds, the
acquisition plan for the State capital construction project site, the proposed occupants
and permitted uses of the State capital construction project, the proposed operational
plan and operating budget for the project including any rental income from the project,
and such other matters as the State Treasurer shall determine.
Frequently Asked Questions About New Jersey § 34:1b-21
What does New Jersey Statutes § 34:1b-21 cover?
Section 34:1b-21 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 § 34:1b-21?
A common citation format is "New Jersey Statutes § 34:1b-21" (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 § 34:1b-21 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.