New Jersey Assembly Bill A1015

New Jersey 2022-2023 Regular Session

• Introduced: 1/11/22
• Refer: 1/11/22

Caption

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

Impact

If enacted, A1015 will amend the existing statute R.S.19:3-6 to include a narrative fiscal statement at the end of ballot questions. This statement must detail both the total amount appropriated for debt servicing in the previous fiscal year on a per capita basis, as well as the estimated payments for the proposed new state debt. This change is expected to foster a better-informed electorate when it comes to making decisions that could impact state fiscal policy and responsibility.

Summary

Assembly Bill A1015 introduces a requirement for any public question related to state general obligation bonds to include specific fiscal information in their interpretive statements. The bill aims to enhance transparency by mandating that the language used in ballot questions is clear and straightforward, allowing voters to easily comprehend what they are voting on. Additionally, the requirement for a fiscal statement addresses the need to inform voters about the financial implications of the bond measures being proposed.

Contention

Some points of contention surrounding A1015 may arise from concerns over the complexity of adding additional requirements to the ballot process. Opponents might argue that this could lead to longer and potentially confusing ballot questions that could overwhelm voters. Additionally, there may be differing opinions on what constitutes 'clear language' in fiscal statements and whether the proposed measures adequately simplify ballot questions as intended. Supporters, however, argue that this level of transparency is crucial for responsible voting and public accountability.