New Jersey Question 1, Transportation and Bridge Bonds (1999)
|New Jersey Question 1|
Text of measure
The language that appeared on the ballot:
Shall the "Statewide Transportation and Local Bridge Bond Act of 1999," which authorizes the State to issue bonds in the amount of $500,000,000 for the purpose of rehabilitating and improving the State transportation system, including structurally deficient local bridges, and providing the ways and means to pay the interest on the debt and also to pay and discharge the principal thereof, be approved?
Interpretive Statement: Approval of this act would authorize the sale of $500 million in State general obligation bonds to address the growing needs of the State's aging transportation infrastructure. Of the total authorized amount, $250 million would be reserved for grants to county and municipal governments for the rehabilitation and improvement of structurally deficient bridges carrying county or municipal roads. The remaining $250 million would be used for transportation projects throughout the State.
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State of New Jersey
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