Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Impact
If approved, this amendment will empower the convention not only to propose constitutional amendments but also to suggest new statutes or the amendment or repeal of existing statutes related to property taxation. This flexibility is crucial as it would enable the convention to make comprehensive reforms that align statutory changes with proposed constitutional amendments. The current limitation on the convention’s power to solely propose amendments to the Constitution would be removed, allowing for a more integrated approach to taxation reform.
Summary
Senate Concurrent Resolution No. 75 (SCR75) proposes a temporary amendment to the New Jersey Constitution that would allow a constitutional convention specifically aimed at reforming the state’s property taxation system. The resolution is framed to amend Article IV, Section I of the New Jersey Constitution. It outlines the circumstances under which a constitutional convention could be convened, which would require voter approval through a law passed at the general election scheduled for November 2026.
Duration
The amendment would become part of the New Jersey Constitution upon voter approval but is designed to expire three years after its approval. This temporary nature suggests that while the convention's work may have lasting implications, the power to propose statutory changes through this convention would not be a permanent fixture of the state's constitutional framework.
Contention
The proposed amendment requires that any statutory changes suggested by the convention ultimately be approved by voters. This introduces a layer of public involvement in the legislative process regarding property taxation reforms. Some lawmakers and advocacy groups may challenge this proposal on grounds of concerns over the increased scope of a constitutional convention, fearing it may lead to radical changes in tax policies and governance without sufficient checks and balances.
Carry Over
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Carry Over
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Same As
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
(Constitutional Amendment) Provides for the election of constitutional convention delegates and vote requirements necessary for the adoption of a new constitution (RR SEE FISC NOTE GF EX)
(Constitutional Amendment) Modifies disposition of certain state revenues through repeal of the Revenue Stabilization Trust Fund and deposits of certain revenue streams into the Budget Stabilization Fund (RRF INCREASE GF RV See Note)
(Constitutional Amendment) Provides relative to the application of state monies to the unfunded accrued liability of the Teachers' Retirement System of La. (EN DECREASE SD RV See Note)
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.