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Bill > ACR102
NJ ACR102
NJ ACR102Proposes constitutional amendment to require voter approval of dedicated revenue source for certain bonded indebtedness for State transportation system.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This concurrent resolution proposes to amend the State Constitution to require voter approval of a dedicated revenue source anytime the State or any State entity borrows money by issuing bonds for the purposes of paying or financing the cost of planning, acquisition, engineering, construction, reconstruction, repair, and rehabilitation of the State's transportation system.
AI Summary
This concurrent resolution proposes a constitutional amendment that would require voters to approve a dedicated source of revenue before the State or any State entity can borrow money, known as issuing bonds, to pay for or finance projects related to the State's transportation system, including planning, acquisition, engineering, construction, reconstruction, repair, and rehabilitation. This means that any future debt incurred for these transportation purposes must be backed by a specific, identified revenue stream that has received majority approval from voters in a general election.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/ACR102 |
| BillText | https://pub.njleg.gov/Bills/2026/ACR/102_I1.HTM |
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