New Jersey § 58:10b-3
Full text of New Jersey New Jersey Statutes § 58:10b-3, with citation guidance and answers to common questions.
§ 58:10b-3.
a. Except as provided in subsection b. of this section, whenever an industrial property
that is subject to any federal or State court order, or administrative action or order,
for environmental remediation becomes vacant or underutilized, the municipality in
which the property is located may assess an annual charge to ensure the prompt remediation
of the property. The charge shall not exceed the difference between the amount of property taxes
paid on the property in the last year of full industrial operation and the amount
of property taxes paid on the property for the current year. Unpaid charges shall constitute a lien on the property and shall be collected in
the same manner as property taxes. The municipality shall deposit any funds collected pursuant to this section with
the Commissioner of Environmental Protection, who shall credit the amounts deposited
against the property owner's environmental remediation liability pursuant to law. b. The provisions of this section shall not apply to any property for which a remediation
trust fund has been established pursuant to the provisions of section 25 of P.L.1993, c. 139 ( C.58:10B-3 ).
Frequently Asked Questions About New Jersey § 58:10b-3
What does New Jersey Statutes § 58:10b-3 cover?
Section 58:10b-3 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 § 58:10b-3?
A common citation format is "New Jersey Statutes § 58:10b-3" (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 § 58:10b-3 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.