New Jersey § 52:27d-181
Full text of New Jersey New Jersey Statutes § 52:27d-181, with citation guidance and answers to common questions.
§ 52:27d-181.
There shall be appropriated annually by the Legislature for each State fiscal year
an amount not less than $34,825,000 for the Municipal Efficiency Promotion Aid Program. Prior to the adoption of rules and regulations by the Local Finance Board pursuant
to section 9 of P.L.2007, c. 54 ( C.52:27D-18.2 ), the amount appropriated shall be distributed to municipalities on or before September
1 of the State fiscal year in proportion to the number of residents of each municipality
as determined pursuant to the most recent federal decennial census. In the second year following the adoption of regulations by the Local Finance Board
pursuant to section 9 of P.L.2007, c. 54 ( C.52:27D-18.2 ), amounts appropriated to municipalities shall be distributed as aid to reward those
municipalities that meet the performance measures promulgated by the board. The payment of Municipal Efficiency Promotion Aid Program aid shall be used solely and exclusively by each municipality for the purpose
of reducing the amount the municipality is required to raise by local property tax
levy for municipal purposes. If the amount of the payment exceeds the amount required to be raised by local property
tax levy for municipal purposes, the balance of the payment shall be used to reduce
the amount the municipality is required to collect for county purposes, notwithstanding
the provisions of this or any other law to the contrary. The Local Finance Board shall certify annually that each municipality has complied
with the requirements set forth herein.
Frequently Asked Questions About New Jersey § 52:27d-181
What does New Jersey Statutes § 52:27d-181 cover?
Section 52:27d-181 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 § 52:27d-181?
A common citation format is "New Jersey Statutes § 52:27d-181" (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 § 52:27d-181 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.