{"data":{"id":"us-nj/n.j.-stat.-54-4-8.75n","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-8.75n","heading":"Restrictions, impact, interference.","body":"17.\tThe appropriation of funds necessary to support the provision of property tax relief under the Stay NJ property tax credit program as provided under sections 1 through 16 of P.L.2023, c.75 (C.54:4-8.75a et al.), as amended and supplemented by P.L.2024, c.88 (C.54:4-8.75p1 et al.), shall not supersede, impact, or interfere with any of the following:\na.\tthe full funding in each State fiscal year necessary to satisfy the requirement in Article VIII, Section IV, paragraph 1 of the New Jersey Constitution that the Legislature provide for the maintenance and support of a thorough and efficient system of free public schools for the instruction of children in the State between the ages of five and 18 years;\nb.\tthe full funding of the veterans' $250 property tax deduction, required to be provided to eligible veterans pursuant to Article VIII, Section I, paragraph 3 of the New Jersey Constitution;\nc.\tthe full funding of the senior citizens' and disabled persons' $250 property tax deduction authorized by Article VIII, Section I, paragraph 4 of the New Jersey Constitution;\nd.\tthe full payment of the contributions required by law to be made to the State-administered retirement systems; and\ne.\tthe maintenance of a budgetary surplus target of no less than 12 percent of total appropriations from the General Fund and the Property Tax Relief Fund in a given State fiscal year.\nL.2023, c.75, s.17; amended 2024, c.88, s.8.","path":["TITLE 54 TAXATION"],"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":"ae1f8ee2b712a5b14dc012a729ea7451a81cc22ddf44f429942e6c577c7d65fd","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-8.75m","next":"us-nj/n.j.-stat.-54-4-8.75o"},"notice":"GroundRules: Original legal text. Not legal advice."}