N.J. Stat. § 52:9H-22: Purposes for appropriation

Upon notice from the State Treasurer of the amount of excess in the "Surplus Revenue Fund" pursuant to section 8 of this act, there may be appropriated sums for any one or more of the following purposes:

a. To provide a reserve fund for retirement, purchase or discharge of outstanding general obligation bonds of the State of New Jersey;

b. To provide appropriations for capital projects;

c. To provide appropriations to reduce or offset real property taxes.

L.1990,c.44,s.9.