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New Jersey Statutes, Title: 34, LABOR AND WORKMEN'S COMPENSATION

    Chapter 1b:

      Section: 34:1b-15.1: Contiguous municipalities with project; agreements to share revenues; reciprocal ordinances

           The governing bodies of any two contiguous municipalities within which is located or is to be located a New Jersey Economic Development Authority project situated in part within each municipality, may by reciprocal ordinances enter into agreements with each other to share all tax revenues, payments in lieu of taxes or other revenues as shall be derived from the entire project, and to which they are by law entitled, in such proportion as they deem proper.

L.1977, c. 463, s. 1, eff. March 2, 1978.



This section added to the Rutgers Database: 2012-09-26 13:37:50.






Older versions of 34:1b-15.1 (if available):



Court decisions that cite this statute: CLICK HERE.