ASSEMBLY CONCURRENT RESOLUTION No. 123

STATE OF NEW JERSEY

222nd LEGISLATURE

 

INTRODUCED FEBRUARY 19, 2026

 


 

Sponsored by:

Assemblyman  LOUIS D. GREENWALD

District 6 (Burlington and Camden)

 

 

 

 

SYNOPSIS

     Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.

 

CURRENT VERSION OF TEXT

     As introduced.

  


A Concurrent Resolution proposing to amend Article IV, Section I of the Constitution of the State of New Jersey.

 

     Be It Resolved by the General Assembly of the State of New Jersey (the Senate concurring):

 

     1.    The following proposed amendment to the Constitution of the State of New Jersey is hereby agreed to:

 

PROPOSED AMENDMENT

 

     Amend Article IV, Section I by adding a new paragraph 1A as follows:

     1A.    A constitutional convention for the limited purpose of reforming the system of property taxation in this State that is convened through voter approval at the general election held in November 2026, of a law authorizing such a convention shall have the authority to propose for voter approval at the general election held in November 2027, in addition to constitutional amendments, the amendment or repeal of existing statutes, or the enactment of new statutes, which are within the scope of the convention's mandate, by a date prescribed in that law and in the form of one or more public questions, provided that this amendment is approved by the voters not later than the general election at which the proposal prepared by the convention is submitted to the voters.  Any such changes to the statutory law approved by the voters may thereafter be amended or repealed by the Legislature by law.

 

     2.    When this proposed amendment to the Constitution is finally agreed to pursuant to Article IX, paragraph 1 of the Constitution, it shall be submitted to the people at the next general election occurring more than three months after the final agreement and shall be published at least once in at least one newspaper of each county designated by the President of the Senate, the Speaker of the General Assembly and the Secretary of State, not less than three months prior to the general election.

 

     3.    This proposed amendment to the Constitution shall be submitted to the people at that election in the following manner and form:

     There shall be printed on each official ballot to be used at the general election, the following:

     a.     In every municipality in which voting machines are not used, a legend which shall immediately precede the question, as follows:

     If you favor the proposition printed below make a cross (X), plus

(+), or check (T) in the square opposite the word "Yes."  If you are opposed thereto make a cross (X), plus (+) or check (T) in the square opposite the word "No."

     b.    In every municipality the following question:

 

 

 

 

 

 

 

 

 

 

CONSTITUTIONAL AMENDMENT PROVIDING THAT THE STATE CONSTITUTIONAL CONVENTION TO REFORM THE SYSTEM OF PROPERTY TAXATION, CONVENED PURSUANT TO A SEPARATE BALLOT QUESTION, MAY PROPOSE CHANGES TO THE STATUTES

 

 

 

 

 

 

 

 

 

 

 

YES

 

 

 

 

 

 

     Do you approve amending the Constitution to allow a State constitutional convention established to address property taxes to also propose changes to laws related to property taxes?

     This will be allowed if this proposed amendment is approved before the general election at which the proposed changes prepared by the convention are submitted to the voters for approval.

 

 

INTERPRETIVE STATEMENT

 

 

 

 

 

 

 

 

NO

 

     This constitutional amendment will allow a State constitutional convention established to address property taxes to also propose changes to laws that are related to property taxes.

     If this constitutional amendment is not approved, the convention will only be able to propose constitutional amendments for voter approval.  The convention will not be able to propose changes to laws that may be needed to help implement those amendments.

     The State constitutional convention will first need to be approved by the voters by a separate ballot question.


 

SCHEDULE

 

     This constitutional amendment shall become part of the New Jersey Constitution upon approval by the voters and shall expire three years thereafter.

 

 

STATEMENT

 

     This concurrent resolution proposes a temporary amendment to the New Jersey Constitution which would allow the property tax reform constitutional convention (to be convened pursuant to a separate ballot question) to propose revisions to the statutes which are within the scope of the convention's mandate.  Without this amendment, the convention would only be able to submit proposed constitutional amendments for voter approval, but not proposed statutory changes that may be needed to help implement those amendments.  This amendment would become part of the New Jersey Constitution upon approval by the voters and would expire one year after its approval by the voters.  Statutory changes proposed by the convention will take effect upon voter approval if this temporary constitutional amendment authorizing the convention to propose such changes receives voter approval not later than the general election at which the proposal prepared by the convention is submitted to the voters.