New Jersey § 52:27d-329
Full text of New Jersey New Jersey Statutes § 52:27d-329, with citation guidance and answers to common questions.
§ 52:27d-329.
a. There shall be appropriated annually from the amounts collected by the State Treasurer
from the imposition of Statewide non-residential development fees and retained by
the State pursuant to P.L.2008, c. 46 ( C.52:27D-329.1 et al.), the sum of $20,000,000 for deposit into the “Urban Housing Assistance Fund,”
established pursuant to section 13 of P.L.2008, c. 46 ( C.52:27D-329.7 ), to be used for the purposes authorized under that section. Any surplus amounts remaining after crediting the “Urban Housing Assistance Fund,”
in the amount required under this section from the collection of Statewide non-residential
development fees, shall be annually appropriated to the “New Jersey Affordable Housing
Trust Fund,” established pursuant to section 20 of P.L.1985, c. 222 ( C.52:27D-320 ). b. In the event the full amount required to be transferred pursuant to subsection
a. of this section is not transferred in any fiscal year, the Legislature shall subsequently
appropriate in the same fiscal year from the General Fund an amount equal to the difference
between the amount actually transferred and the amount required to be transferred
pursuant to subsection a. of this section, so that the total funds made available
to the “Urban Housing Assistance Fund” annually shall be equal to the amount established
pursuant to subsection a. of this section.
Frequently Asked Questions About New Jersey § 52:27d-329
What does New Jersey Statutes § 52:27d-329 cover?
Section 52:27d-329 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-329?
A common citation format is "New Jersey Statutes § 52:27d-329" (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-329 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.