New Jersey § 54:4-8
Full text of New Jersey New Jersey Statutes § 54:4-8, with citation guidance and answers to common questions.
§ 54:4-8.
After the Legislature and the Governor review the Stay NJ Task Force's recommendations
and determine such recommendations are appropriate, the Legislature shall consider
and approve, and the Governor shall enact, the legislation recommended by the Stay
NJ Task Force, or legislation substantially similar to the legislation recommended
by the task force, regarding the objectives set forth in section 18 of P.L.2023, c. 75 ( C.54:4-8.75o ) not later than 90 days prior to July 1, 2025, the date by which the State Treasurer
shall be required to produce the application for the Stay NJ program in 2026 pursuant
to section 4 of P.L.2023, c. 75 ( C.54:4-8.75d ). Notwithstanding the provisions of this act or any law to the contrary, if the Legislature
and the Governor fail: (1) to enact legislation following the release of the task
force's report or (2) to enact legislation that the Governor and Legislature deem
appropriate which otherwise addresses the issues the task force is required to consider
pursuant to section 18 of P.L.2023, c. 75 ( C.54:4-8.75o ), then promulgation of a combined single application form shall not be required on
or before the date set forth in section 4 of P.L.2023, c. 75 ( C.54:4-8.75d ) and the implementation of the Stay NJ property tax credit program shall be delayed
until the enactment of such legislation. If legislation is enacted after the 90th day preceding July 1, 2025, then promulgation
of a combined single application form shall be required no earlier than the 91st day
next following the enactment of such legislation and the implementation of the Stay
NJ property tax credit program shall begin no earlier than the first tax year quarter
beginning no less than six months following the promulgation of the combined single
application form.
Frequently Asked Questions About New Jersey § 54:4-8
What does New Jersey Statutes § 54:4-8 cover?
Section 54:4-8 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 § 54:4-8?
A common citation format is "New Jersey Statutes § 54:4-8" (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 § 54:4-8 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.