New Jersey § 52:27d-467
Full text of New Jersey New Jersey Statutes § 52:27d-467, with citation guidance and answers to common questions.
§ 52:27d-467.
Whenever a district is expanded as permitted under section 18 of P.L.2001, c. 310 ( C.52:27D-466 ) the property tax increment base for any area added to the district shall be the
aggregate taxable value of all property assessed which is located within the added
area as of October 1 of the year preceding the year in which the area is added, as
certified by the municipal assessor. The revenue increment base of all other eligible revenues shall include the amounts
of all other eligible revenues from sources within the added area in the calendar
year preceding the year in which the area is added, as certified by the chief financial
officer of the municipality. Whenever a district is contracted as permitted under section 18 of P.L.2001, c. 310 ( C.52:27D-466 ) the tax increment base and the increment base of all other eligible revenues of
the district shall be adjusted as if that area had not been a part of the district
at the time when it became part of the district.
Frequently Asked Questions About New Jersey § 52:27d-467
What does New Jersey Statutes § 52:27d-467 cover?
Section 52:27d-467 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-467?
A common citation format is "New Jersey Statutes § 52:27d-467" (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-467 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.