New Jersey Statutes 54:39A-29. “Motor fuel use tax distribution fund” created
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Terms Used In New Jersey Statutes 54:39A-29
- 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
12. There is created within the State General Fund a special fund to be known as the “motor fuel use tax distribution fund” into which there shall be deposited all fuel use taxes, and interest thereon, collected for other member taxing jurisdictions of the International Fuel Tax Agreement. Monies in the “motor fuel use tax distribution fund” shall be held in trust by the State on behalf of other member taxing jurisdictions until distributed pursuant to the agreement, and shall not be considered funds of the State and shall not be appropriated for any purpose other than distribution pursuant to the agreement.
L.1995,c.347,s.12.