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New Jersey Part of Corporate Business Tax Dedicated to Environmental Spending, Question 2 (1996)

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New Jersey Constitution
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New Jersey Question 2, whose official ballot title was Dedication of 4% of Corporation Tax Revenue for Hazardous Discharge Clean-Ups, Underground Storage Tank Upgrades and Clean-ups and the Preservation of Water Quality, was on the November 5, 1996 election ballot in New Jersey as a legislatively-referred constitutional amendment, where it was approved.

Election results

New Jersey Question 2 (1996)
Approveda Yes 1,496,025 69.98%

Text of measure

The question on the ballot was:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Shall the amendment to Article VIII, Section II, of the Constitution of the State of New Jersey, agreed to by the legislature, to provide that an amount equivalent to 4% of the revenue annually derived from the imposition of the Corporation Business Tax, or any other State law of similar effect, be deposited in a special account, which could be appropriated by the legislature only for the following purposes and in the following manner: a minimum of one-half for funding the costs incurred by the State relating to hazardous discharge remediations; a minimum of one-third, dedicated until December 31, 2008, for funding or financing loans and grants for underground storage tank upgrades, replacements, closures, and remediations; and a minimum of one-sixth, or a minimum of $5 million, whichever is less, for funding costs related to water quality monitoring, watershed planning, and nonpoint source water pollution prevention, be approved?

See also

External links

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