Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Impact
The framework established by ACR89 would allow the constitutional convention, once convened, to not only suggest broad amendments to the existing property tax system but also to craft specific statutory changes that could facilitate these reforms. If approved by the voters, these changes would have the potential to impact how property taxes are assessed and collected, promoting a more equitable taxation system based on the convention's proposals. Furthermore, such measures would aim to address existing inefficiencies and inequities within New Jersey's property tax framework.
Summary
ACR89 is a proposed Assembly Concurrent Resolution aimed at reforming property taxation in New Jersey. The resolution seeks to establish a temporary constitutional amendment that would authorize a state constitutional convention to propose both constitutional amendments and statutory changes related to property taxation. This amendment would require voter approval to enact any proposed changes, emphasizing the importance of democratic engagement in altering state law regarding taxation.
Contention
While ACR89 presents an opportunity for significant tax reform, it also raises concerns among various stakeholders. Critics argue that granting a constitutional convention extensive powers to propose statutory changes may lead to unintended consequences, potentially undermining established legal norms or creating loopholes. Supporters, conversely, champion the bill as a necessary step towards making property taxation fairer and more responsive to constituents' needs. The ensuing debate is expected to focus on balancing innovative reform with safeguarding existing protections in the law.
Same As
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.
Carry Over
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.
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Proposes temporary constitutional amendment to provide for State constitutional convention to reduce government spending and to reform system of property taxation.
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.