Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

This bill increases annual payments from New Jersey's Energy Tax Receipts Property Tax Relief Fund to municipalities by $15 million (from $740 million to $755 million) over two years. It directly affects most municipalities (excluding those with a municipal purposes tax rate of $0.10 or less per $100) by requiring them to subtract this additional aid from their property tax levies. The bill also prohibits municipalities from anticipating certain revenue when creating annual budgets. These changes aim to provide more direct property tax relief to local governments through the existing fund, which receives energy-related tax revenues.