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New Jersey Surplus Revenue Funds and Estimating Process Amendment (2014)

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A New Jersey Surplus Revenue Funds and Estimating Process Amendment did not make the November 4, 2014 ballot in New Jersey as a legislatively-referred constitutional amendment. At least two such measures were proposed thus far in the 2014 legislative session: Assembly Concurrent Resolution 54 and Senate Concurrent Resolution 88. The measures would have created surplus revenue funds in the state's general and property tax relief funds. They also would have amended the process for estimating state revenue.[1][2]

Both measures would have amended Article VIII, Section I and Section II of the New Jersey Constitution.[1][2]


Path to the ballot

See also: Amending the New Jersey Constitution

In New Jersey, proposed constitutional amendments have two ways of achieving ballot access. The New Jersey Legislature can either qualify it with supermajority approval of 60 percent in one legislative session or with simple majorities in two successive sessions.

ACR 54 was introduced on January 18, 2014, and was referred to the Budget Committee.[3] SCR 88 was introduced on March 17, 2014, and referred to Budget and Appropriations Committee.[4]

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