A 2618 New Jersey General Assembly · 2024-2025 Regular Session

Requires interpretive statements of State general obligation bond act public questions to include certain fiscal information.

This bill requires that New Jersey ballot questions about state bond issues include specific financial details to help voters understand the costs. The ballot must state the total amount the state spent last year to pay interest and principal on existing bonds (and that amount per person), plus the estimated total cost for the new bonds (and per-person cost). This information must be included in clear, plain language at the end of the ballot's explanation of the bond proposal. The bill applies directly to all bond measures that create new state debt, ensuring voters receive standardized cost data before voting.
Sub-Topics: Debt & Bonds
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Jay Webber
Jay Webber
RRepublican
NJ
26