New Jersey § 5:12-173

§ 5:12-173.

a. The State Treasurer shall maintain separate accounts in the project fund and room

fund for each casino licensee approved by the authority for a district project, and

for the authority in the event the authority sponsors a district project, and shall

credit to each account an amount of the moneys deposited in each fund equal to the

appropriate share of revenues collected from the taxation of construction materials

and retail sales and services, as provided in section 7 of P.L.2001, c. 221 ( C.5:12-173.15 ), and from hotel room fees, as provided in section 8 of P.L.2001, c. 221 ( C.5:12-173.16 ), or that amount of moneys appropriated to the funds or otherwise made available

to the funds, and required to be credited to the casino licensee's or the authority's

project fund account or room fund account. b. The Director of the Division of Taxation in consultation with the State Treasurer

shall promulgate such rules and regulations pursuant to the “Administrative Procedure

Act,” P.L.1968, c. 410 ( C.52:14B-1 et seq. ) as are necessary to govern the administration of the project fund and room fund

for the purposes of P.L.2001, c. 221 ( C.5:12-173.9 et al.). In addition, the Director of the Division of Taxation and the Director of the Division

of Revenue are authorized to prescribe forms and procedures and to require any person

to provide any information necessary to enforce and administer the provisions of this

act. c. The amount necessary to provide for tax collection, administrative and enforcement

costs incurred by the Division of Taxation and the Division of Revenue, to meet the

requirements of P.L.2001, c. 221 ( C.5:12-173.9 et al.) shall be annually appropriated from the project fund and the room fund, subject

to the approval of the Director of the Division of Budget and Accounting in the Department

of the Treasury.