New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill ACR130

Introduced
4/4/24  

Caption

Proposes amendment to Constitution to require each house of the Legislature to meet four times annually solely to vote on bills that provide property tax relief.

Impact

If passed, ACR130 seeks to amend Article IV, Section IV of the New Jersey Constitution to facilitate timely legislative action on property tax relief efforts. It would require that any bill certified as providing such relief must not only lower property taxes but must also adhere to specific guidelines, such as not generating new revenue through taxes or fees. Additionally, bills would need to encompass broader aspects, including education spending reforms, civil service adjustments, and local government cost-saving measures. This change is significant as it necessitates the alignment of legislative priorities with the critical issue of property taxation, potentially leading to comprehensive reforms aimed at benefitting taxpayers.

Summary

ACR130 is a proposed amendment to the New Jersey Constitution that aims to enhance the state's approach to property tax relief. The resolution mandates that each house of the Legislature convene a minimum of four times yearly specifically to vote on bills that have been certified as providing property tax relief. By establishing regular, dedicated sessions for this purpose, the resolution seeks to streamline the legislative process for property tax measures and to prioritize property tax reduction in the state's budgetary considerations. The requirement for these sessions is intended to provide a more structured and urgent focus on property tax issues, which are a significant concern for many constituents in New Jersey.

Contention

While the proposed amendment is supported by those advocating for tax relief, it is likely to generate debate over the implications of requiring legislative action specifically for property tax relief. Opponents might argue that the requirement could limit legislative flexibility in addressing various tax policies, potentially undermining the Legislature's ability to react to changing economic conditions. Moreover, there may be concerns about how the certifications for property tax relief are determined and whether the criteria could be too restrictive, hampering broader fiscal reform initiatives. This makes ACR130 a focal point of contention regarding local versus state authority in governance and budgeting.

Companion Bills

NJ ACR20

Carry Over Proposes amendment to Constitution to require each house of the Legislature to meet four times annually solely to vote on bills that provide property tax relief.

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