{"data":{"id":"us-nj/n.j.-stat.-52-27d-440","jurisdiction":"us-nj","citation":"N.J. Stat. § 52:27D-440","heading":"Excess of net tax payments credited to fund, additional aid.","body":"3.  If, in any State fiscal year, net payments under the \"Sales and Use Tax Act,\" P.L.1966, c.30 (C.54:32B-1 et seq.) from sales and use of energy or utility services, net payments under the Corporation Business Tax Act (1945), P.L.1945, c.162 (C.54:10A-1 et seq.) from gas, electric, and gas and electric public utilities, whether municipal or otherwise, that were subject to tax pursuant to the provisions of P.L.1940, c.5 (C.54:30A-49 et seq.) prior to January 1, 1998, net payments under the Corporation Business Tax Act (1945), P.L.1945, c.162 (C.54:10A-1 et seq.) from telecommunications public utilities that were subject to tax pursuant to the provisions of P.L.1940, c.4 (C.54:30A-16 et seq.) as of April 1, 1997, net payments under P.L.1940, c.5 (C.54:30A-49 et seq.) from sewerage and water corporations, net payments under the \"Transitional Energy Facility Assessment Act,\" P.L.1997, c.162 (C.54:30A-100 through C.54:30A-113) exceed $1,425,000,000, 75% of that amount of net payments in excess of $1,425,000,000 shall be credited to the \"Energy Tax Receipts Property Tax Relief Fund\" in addition to the amount credited pursuant to section 2 of P.L.1997, c.167 (C.52:27D-439), for distribution to municipalities as additional aid.\nL.1997,c.167,s.3.","path":["TITLE 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"f42f36968ca5eb6461767a5ce80c5a8948947a77ade3606a103601c847a8d391","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-52-27d-439","next":"us-nj/n.j.-stat.-52-27d-441"},"notice":"GroundRules: Original legal text. Not legal advice."}