It is hereby declared that because municipalities are limited in their means for raising revenues, that it is the obligation of the State to provide assistance which will benefit all local taxpayers, as a supplement to all other forms of aid.
N.J. Stat. Ann. § 54A:10-2
Legislative declaration
Known as the State Revenue Sharing Act
The act spans §§ 54A:10-1 to 54A:10-9 (12 sections).
L.1976, c. 73, s. 2.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.