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New Jersey Statutes, Title: 18A, EDUCATION

    Chapter 58: School lunch program

      Section: 18A:58-33.7: Additional aid for payment of debt service on bonds and notes; limitations

           Additional State school building aid shall be made available to school districts in accordance with the provisions of this act for the payment of debt service (interest and principal) on bonds and notes (as hereinafter defined) entitled to the benefits of this act, provided that the amount of aid payable in any year to any school district shall not exceed an amount equal to $25.00 per pupil in resident enrollment in such school district on September 30, 1969, and provided further that the total principal amount of bonds entitled to the benefits of this act shall not exceed $90,000,000.00.

L.1971, c. 10, s. 2, eff. Jan. 21, 1971.



This section added to the Rutgers Database: 2012-09-26 13:37:47.






Older versions of 18a:58-33.7 (if available):



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