New Jersey § 52:27d-474
Full text of New Jersey New Jersey Statutes § 52:27d-474, with citation guidance and answers to common questions.
§ 52:27d-474.
If the preliminary revenue allocation plan has designated any eligible revenues, in
addition to or other than the property tax increment, as a pledged revenue, the other
pledged revenues shall be deposited as provided in this section. a. The collector of any pledged revenues shall certify to the municipal chief financial
officer the amount of the eligible revenue collected in the preceding calendar year
no later than January 30 of each year and shall pay to the municipality such amount,
or the percentage thereof designated in the plan, beginning in the first calendar
year after the creation of the district. b. The municipality shall include in its budget the amount certified as collected
in the preceding year and shall pay to the district agent for deposit in the revenue
allocation financing fund the amount certified in the plan as designated for such
payment. c. Payments in lieu of taxes shall be deposited in four equal installments, regardless
of the date or dates fixed for such payments by statute, agreement or otherwise.
Frequently Asked Questions About New Jersey § 52:27d-474
What does New Jersey Statutes § 52:27d-474 cover?
Section 52:27d-474 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-474?
A common citation format is "New Jersey Statutes § 52:27d-474" (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-474 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.