New Jersey Statutes 26:2C-50. “Global Warming Solutions Fund.”
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Terms Used In New Jersey Statutes 26:2C-50
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
6. There is established in the Department of the Treasury a special, nonlapsing fund to be known as the “Global Warming Solutions Fund.” The fund shall be administered by the State Treasurer and shall be credited with:
a. moneys received as a result of any sale, exchange or other conveyance of allowances through a greenhouse gas emissions allowance trading program;
b. such moneys as are appropriated by the Legislature; and
c. any return on investment of moneys deposited in the fund.
L.2007, c.340, s.6.