ACR 95 New Jersey General Assembly · 2026-2027 Regular Session

Proposes constitutional amendment requiring State revenue estimates for purposes of a balanced State budget be determined by Governor in accordance with State Revenue Forecasting Integrity Commission.

ACR 95 proposes a constitutional amendment requiring New Jersey's Governor to certify state budget revenue estimates based on the State Revenue Forecasting Integrity Commission's published annual forecast, rather than using sole discretion. The Commission, to be established by law, would issue a revenue forecast by June 1 each year, which the Governor must follow when certifying budget balance. The Governor may adjust the forecast only for changes in current revenue or new laws affecting revenue, requiring a written explanation by July 15 for any deviations. This change shifts revenue forecasting from the Governor's unilateral authority to a collaborative process involving the Commission.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Erik Peterson
Erik Peterson
RRepublican
NJ
23