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New Jersey "Millionaire Tax" Amendment (2011)
Not on Ballot |
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This measure was not put on an election ballot |
The New Jersey "Millionaire Tax" Amendment did not appear on the November 8, 2011 ballot in the state of New Jersey as a legislatively referred constitutional amendment. The measure would have increased the gross income rate on income exceeding $1 million. Additionally, it would have dedicated revenue to direct property tax relief of taxpayers.[1]
The measure was sponsored by Sen. Shirley Turner.
Path to the ballot
- See also: Amending the New Jersey Constitution
In New Jersey, the state legislature is required to approve a proposed amendment by a supermajority vote of 60% but the same amendment can also qualify for the ballot if successive sessions of the New Jersey State Legislature approve it by a simple majority.
See also
External links
- SB 2742 (status) and (full text)
Additional reading
Footnotes
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