NJ SCR55 | 2012-2013 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 23 2012 - 25% progression, died in committee
Action: 2012-01-23 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 23 2012 - 25% progression, died in committee
Action: 2012-01-23 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
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.
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.
Sponsors
| Sen. Diane Allen [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-23 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2012/SCR55 |
| Text | https://pub.njleg.gov/Bills/2012/SCR/55_I1.HTM |
