New Jersey Property Tax Reform, Question 1 (2006)
New Jersey Constitution |
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Preamble |
Articles |
I • II • III • IV • V • VI • VII • VIII • IX • X • XI |
New Jersey Question 1 Dedicates Annual Revenue of an Amount Equal to a Tax Rate of 0.5% Under the State Sales Tax for Property Tax Reform was on the November 7, 2006 election ballot in New Jersey as a legislatively referred constitutional amendment, where it was approved.[1]
Election results
Question 1 | ||||
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Result | Votes | Percentage | ||
![]() | 1,121,130 | 67% | ||
No | 552,380 | 33% |
Text of measure
The language that appeared on the ballot said:
- "Do you approve the amendment of Article VIII, Section I of the Constitution of the State of New Jersey, to provide for the annual dedication and annual appropriation of an amount equal to the annual revenue derived from a tax rate of 0.5% imposed under the New Jersey Sales and Use Tax, exclusively for the purpose of property tax reform, through a special Property Tax Reform Account established in the constitutionally dedicated Property Tax Relief Fund?"
INTERPRETIVE STATEMENT
This constitutional amendment provides that an amount equal to the annual revenue derived from a tax rate of 0.5% imposed under the New Jersey Sales and Use Tax Act shall be annually dedicated in a special account in the Property Tax Relief Fund and annually appropriated for property tax reform.
See also
- List of New Jersey ballot measures
- New Jersey 2006 ballot measures
- 2006 ballot measures
- New Jersey Senate
- New Jersey Assembly
Footnotes
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