A 13  S 4000

Establishes “New Jersey Debt Defeasance and Prevention Fund,” appropriates $3.7 billion

A 13 (Freiman, Armato, Pintor Marin, Mazzeo, Houghtaling, Coughlin) / S 4000 (Sarlo, Sweeney): NJEA supports this measure as a sound fiscal approach to improve the state’s long term financial situation. Reducing the overall debt burden will free up more resources in the coming years to meet pressing needs. Using this specific opportunity of additional resources to improve the state’s fiscal footing is a smart strategy to meet our collective obligations in school funding, pensions, and critical infrastructure needs.

NJEA supports A 13  S 4000 and asks that you do the same.

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