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New Jersey Question 2, Allowable Uses of the Corporation Business Tax (2003)

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New Jersey Question 2, also known as the Constitutional Amendment to Expand Uses of Dedicated Tax Revenue to Fund Hazardous Discharge Cleanups, was on the November 4, 2003 ballot in New Jersey as a legislatively-referred constitutional amendment where it was approved.

Under the New Jersey Constitution, some of the revenues from the state's "Corporation Business Tax" can be used for certain designated purposes. Specifically, 4% of the annual revenue from the tax is set aside for these purposes:

  1. Hazardous discharge cleanup performed by the state.
  2. Water quality projects.
  3. Underground storage tank upgrades, replacements, closures and remediations.

And, specifically, one-third of the 4% going into these purposes was to be dedicated to the underground storage tank upgrades, replacements, closures and remediations.

The impact of the approval of Question 2 was to "expand the authorized uses of the one third dedicated to underground storage tank projects, to allow that portion to be used also for funding loans or grants to remediate hazardous substance discharges and for the use of up to $2 million per year for an underground storage tank inspection program."

Election results

New Jersey Question 2
ResultVotesPercentage
Approveda Yes 684,613 61.29%
No432,44338.71%

Constitutional changes

New Jersey Constitution
Flag of New Jersey.png
Preamble
Articles
IIIIIIIVVVIVIIVIIIIXXXI

Question 2 amended Section II (Paragraph 6) of Article VIII of the New Jersey Constitution.

Text of measure

Question


Shall the amendment to Article VIII, Section II, paragraph 6 of the Constitution of the State of New Jersey, expanding the authorized uses of the constitutionally dedicated Corporation Business Tax revenue, to include funding the costs of the remediation of hazardous discharges, and funding the costs of a State underground storage tank inspection program, be approved?

Interpretive statement


Approval of this constitutional amendment would expand the authorized uses of the constitutionally dedicated portion of the Corporation Business Tax revenues to allow funding, including the provision of loans or grants, for the costs of remediation of discharges of hazardous substances. Since 1996, 4% of the annual revenue from the Corporation Business Tax has been constitutionally dedicated, with a minimum of one-half allocated for hazardous discharge cleanup performed by the State, a minimum of one sixth or a minimum of $5 million allocated for water quality projects and, until December 31, 2008, a minimum of one third allocated for funding loans or grants for underground storage tank upgrades, replacements, closures and remediations. This constitutional amendment would, without increasing taxes, expand the authorized uses of the one third dedicated to underground storage tank projects, to allow that portion to be used also for funding loans or grants to remediate hazardous substance discharges, and for the use of up to $2 million per year for an underground storage tank inspection program, and, by removing the December 31, 2008 expiration date, would continue its allocation for those purposes.

Supporters

Total campaign cash Campaign Finance Ballotpedia.png
Category:Ballot measure endorsements Support: $54,100
Circle thumbs down.png Opposition: $0

The "Clean and Green Coalition" raised $54,100 for a campaign on behalf of a "yes" vote on Question 2.[1]

See also

External links

References