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45% of proceeds go to local law enforcement, up to $225,000 from a single forfeiture, and another 45% to a state drug forfeiture fund. Any amount above $1 million in the state drug forfeiture fund goes to the General Fund. [77] New Jersey
In February 2019, the Supreme Court ruled that civil asset forfeiture may constitute excess fines and therefore be unconstitutional, even when imposed by states. [3] Costs and fees – These may include court costs, fees for supervision, payments for legal representation. They are imposed to help reimburse the state for costs incurred.
The mission of the New Jersey Department of the Treasury is to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's physical and financial assets, and provide statewide support services to state and local government agencies as well as the citizens of New Jersey.
The report shows that in 2023 Dickinson County Sheriff's Department had the second highest cash and property total forfeiture in the state, coming in behind Wichita Police Department. The total ...
Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the state's coast. Last ...
Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation . It typically applies to the alleged proceeds or instruments of crime.
The House and Senate passed separate bills on civil asset forfeiture, a controversial practice that allows law enforcement to seize property allegedly linked to criminal activity even if someone ...
Equitable sharing refers to a United States program in which the proceeds of liquidated seized assets from asset forfeiture are shared between state and federal law enforcement authorities. The Comprehensive Crime Control Act of 1984 set up the arrangement in which state and local police can share the seizures with federal agents. [1]