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NJ ACR66

Concurrent Resolution

Official Source

Status

Introduced

1/12/2010

Primary Sponsor

James Holzapfel

Click for details

Origin

General Assembly

2010-2011 Regular Session

AI Summary

Legislative Description

Proposes constitutional amendment to reduce State budgets for two fiscal years, then cap State budget growth to annual inflation rate; requires revenue collected in excess of budget cap to be reserved in restricted reserve fund.

Budget

Last Action

Introduced, Referred to Assembly Budget Committee

1/12/2010

Committee Referrals

Budget1/12/2010

Full Bill Text

No bill text available