Proposes constitutional amendment providing laws imposing, extending, or delaying repeal of State tax expire after five years unless extended by Legislature.
Impact
If enacted, ACR96 would notably impact state tax statutes by introducing a prescribed expiration period for any tax-related legislation. This change signifies a push towards more temporary tax impositions and could potentially lead to reduced tax burdens on citizens, as laws would not remain in effect without periodic legislative review and additional approval. The requirement for legislative action before any such law can continue beyond five years could lead to more robust public discussions surrounding tax policies and their implications on state revenues.
Summary
Assembly Concurrent Resolution No. 96 (ACR96) proposes a constitutional amendment that mandates all laws imposing, extending, or delaying the repeal of state taxes to expire after five years unless specifically extended by the Legislature. This initiative seeks to add a new paragraph to Article VIII, Section I of the New Jersey Constitution, establishing a clear timeline for the accountability of tax laws. This amendment intends to foster greater fiscal responsibility and oversight of tax legislation by ensuring that lawmakers periodically re-evaluate the necessity of tax laws, rather than allowing them to persist indefinitely.
Contention
The key points of contention surrounding ACR96 may arise from differing perspectives on government fiscal policy. Supporters argue that this amendment promotes transparency and prevents the unchecked growth of taxes, while opponents may view it as a constraint on necessary taxation for public services. Furthermore, there could be concerns regarding the logistical challenges of regularly extending tax laws, which might destabilize financial planning for state budgets and public services. Additionally, the procedural requirements for extension and the timing of legislative sessions may complicate the effective management of state tax policy.
Carry Over
Proposes constitutional amendment providing laws imposing, extending, or delaying repeal of State tax expire after five years unless extended by Legislature.
Applying to the Congress of the United States to call a convention under Article V of the United States Constitution for the limited purpose of proposing one or more amendments to the constitution to impose fiscal restraints on the federal government, to limit the power and jurisdiction of the federal government, and to limit the terms of office of federal officials and members of Congress.
Applying to the Congress of the United States to call a convention under Article V of the United States Constitution for the limited purpose of proposing one or more amendments to the constitution to impose fiscal restraints on the federal government, to limit the power and jurisdiction of the federal government, and to limit the terms of office of federal officials and members of Congress.
Proposing An Amendment To Article Xvii, Section 3 Of The Hawaii Constitution To Specify That The Standard For Voter Approval Of A Constitutional Amendment Proposed By The Legislature Is A Majority Of All The Votes Tallied Upon The Question.
Proposing An Amendment To Article Xvii, Section 3 Of The Hawaii Constitution To Specify That The Standard For Voter Approval Of A Constitutional Amendment Proposed By The Legislature Is A Majority Of All The Votes Tallied Upon The Question.
Proposing An Amendment To Article Xvii, Section 3 Of The Hawaii State Constitution To Specify That The Standard For Voter Approval Of A Constitutional Amendment Proposed By The Legislature Is A Majority Of All The Votes Tallied Upon The Question.