|
New Jersey
New Jersey amended its statutory code in 1990 to
limit the growth of appropriations to personal income growth.
52:9H-26. Formula
for determination of maximum appropriations
In each fiscal year commencing after June 30, 1992, the
appropriations of the State shall not exceed the maximum
appropriations permitted pursuant to the following formula:
Maximum Appropriations = Base Year
Appropriations x (1 + PCI), where:
a. "Base Year
Appropriations" means the appropriations of the State in the
base year; and
b. "PCI" means the
average annual percentage increase, expressed as a decimal, in
State per capita personal income over the four fiscal years
ending on June 30 prior to the base year. The per capita
personal income for each of the four years shall be the average
of the per capita personal income for the four quarters in each
fiscal year, utilizing the quarterly data for State personal
income and the annual data for State population as published by
the United States Department of Commerce.
L.1990,c.94,s.3.
-- THE NEW JERSEY CODE
New Jersey’s Constitution limits the state’s
Governor to two consecutive terms. A person can run for that office again after
sitting out one term.
ARTICLE V
EXECUTIVE
SECTION I
- The term
of office of the Governor shall be four years, beginning at noon of the
third Tuesday in January next following his election, and ending at noon of
the third Tuesday in January four years thereafter. No person who has been
elected Governor for two successive terms, including an unexpired term,
shall again be eligible for that office until the third Tuesday in January
of the fourth year following the expiration of his second successive term.
-- THE CONSTITUTION
OF THE STATE OF NEW JERSEY
Created by: Jennifer L. Crull
Return to Public
Interest Institute's Limitations on Government by States Homepage
Return to Public
Interest Institute's Limitations on Government by Issues Homepage
| 
