New Jersey S951 mandates that ballot questions on State bond issues disclose the total amount of outstanding debt.
New Jersey S951 amends the State Constitution to require that any ballot question on a State bond issue must include a statement disclosing the total amount of outstanding debt of the State, any State agency, and any other entity funded by annual State appropriation. This disclosure must be current as of June 30 of the year before the election. The bill aims to ensure voters have clear and comprehensive information about the financial implications of approving a bond issue.
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