New Jersey § 54:4-6

§ 54:4-6.

The county board of taxation shall by rule prescribe how the remission or rebate provided

for in section 54:4-5 1 of this title shall be paid or credited to the collector of the taxing district by

the county treasurer and how his proportionate part shall be returned or credited

to each taxpayer. Where a remission or rebate provided for in section 54:4-5 of this title is for more than one year, the county board of taxation shall phase

in and distribute the remission or rebate in the annual amounts and over the same

number of years for which the remission or rebate is awarded. A municipality to which a remission or rebate is to be paid shall not receive any

remission or rebate in any year during the phase in period greater than the amount

to which it was entitled in the corresponding year of its eligibility for the remission

or rebate. 1

Repealed; see, now, N.J.S.A. § 54:4-5a.