Bill Sponsors: NJ SCR55 | 2012-2013 | Regular Session

Bill Title: Proposes constitutional amendment to establish an annual State appropriations cap based on inflation plus State population growth, a reserve of one-half of revenues collected above State appropriations and directs one-half for direct property tax relief.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-23 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee [SCR55 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Diane Allen [R]PrimarySponsored BillsSD-007FollowTheMoneyBallotpediaVoteSmart

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