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Bill > A3161


NJ A3161

NJ A3161
Requires explanatory statement on ballot question for school district capital projects to include certain information.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill requires that certain information be included in the explanatory statement of a ballot question for a school district capital project that will be funded by the issuance of bonds. Specifically, the bill requires the explanatory statement to include information regarding the total outstanding principal for any bonded indebtedness of the school district and the municipality in which the school district is located, an estimate of the increase in property taxes that would result on the average home if the capital project is approved, and, if applicable the square footage per student and cost per square foot of the proposed capital project.

AI Summary

This bill requires that when a school district asks voters to approve a capital project funded by bonds, the explanation provided with the ballot question must include more detailed financial information. Specifically, it mandates the inclusion of the total amount of outstanding debt for both the school district and the municipality where it's located, an estimate of how much property taxes would increase for an average home if the project is approved, and, if relevant, the size of the project per student and its cost per square foot. This aims to give voters a clearer understanding of the financial implications before they vote on school construction or renovation projects.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced, Referred to Assembly Education Committee (on 01/13/2026)

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