Bill > SCR63

This concurrent resolution proposes a constitutional amendment to New Jersey's legislative process that would require state tax bills to pass with a higher threshold of support in the state legislature. Specifically, the resolution would amend the state constitution to mandate that any bill or joint resolution levying a new state tax or increasing an existing state tax must pass both the General Assembly and Senate with a three-fifths majority vote, instead of the current simple majority requirement. This means that instead of needing just over 50% of legislators to approve a tax bill, the proposal would require approximately 60% of legislators in each chamber to support such legislation. The amendment would also restrict amendments to tax bills, requiring any proposed changes to also meet the three-fifths majority threshold. If approved by voters in a general election, the constitutional change would apply to legislative sessions beginning on or after January 9, 2007, and would make it more challenging to pass new taxes or tax increases by requiring broader legislative consensus.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2024/SCR63