Establishes the State Debt Capacity Advisory Commission to analyze and report on New Jersey's debt affordability.

The bill creates the State Debt Capacity Advisory Commission, tasked with preparing an annual report on New Jersey's debt affordability. This report includes estimates of revenues available for debt service, additional debt issuance, debt service requirements, and debt ratios. The commission comprises nine members, including the State Auditor, Legislative Budget and Finance Officer, and public members appointed by the Governor and legislative leaders. The commission's report is nonbinding and does not represent the opinion of any State debt issuing official.

Establishes the State Debt Capacity Advisory Commission to analyze and report on New Jersey's debt affordability.

The bill creates the State Debt Capacity Advisory Commission, tasked with preparing an annual report on New Jersey's debt affordability. This report includes estimates of revenues available for debt service, additional debt issuance, debt service requirements, and debt ratios. The commission comprises nine members, including the State Auditor, Legislative Budget and Finance Officer, and public members appointed by the Governor and legislative leaders. The commission's report is nonbinding and does not represent the opinion of any State debt issuing official.