ElectionsInfo.net     An Internet archive of election results and analysis

ElectionsInfo

United States

International

Search

   NJ Public Question No. 1

ELECTION INFORMATION

Container

School Bonding

Race Type

Referendum

Filing Deadline

11/30/2011 12:00 pm

Polls Open

11/6/2012 5:00 am

Polls Close

11/6/2012 7:00 pm

Term Starts

11/7/2012 12:00 pm

Term Ends

12/31/9999 12:00 pm

Database Record

Posted 10/3/2012, Updated 12/7/2012

Table

Click here for a table of all races for this office


PREVIOUS ELECTION

No earlier elections of this type in database.


NEXT ELECTION

No further elections of this type in database.


NARRATIVE

BUILDING OUR FUTURE BOND ACT
Do you approve the “Building Our Future Bond Act”? This bond act authorizes the State to issue bonds in the aggregate principal amount of $750 million to provide matching grants to New Jersey’s colleges and universities. Money from the grants will be used to build, equip and expand higher education facilities for the purpose of increasing academic capacity.

INTERPRETIVE STATEMENT
Approval of this act will allow the State to issue bonds in the total principal amount of $750 million. Proceeds from the bonds will be used to provide grants to New Jersey’s public and private colleges and universities to construct and equip higher education buildings to increase academic capacity.

Bond proceeds will be allocated as follows:
• $300 million for public research universities;
• $247.5 million for State colleges and other State universities;
• $150 million for county colleges; and
• $52.5 million for private institutions with an endowment of $1 billion or less.

Public and private colleges and universities which receive grants will be required to provide funds to support 25% of a project.


DEBATES

EVENTS

NEWS

Date

Category

Headline


MAP OF THIS ELECTION

 


CERTIFIED RESULTS OF THIS ELECTION

 

Yes
(YES)
Announced 11/30/2011

1,541,549
62.72%

 

No
(NO)
Announced 11/30/2011

916,259
37.28%

 

Source for election returns: http://www.nj.gov/state/elections/2012-results/2012-official-general-results-question1.pdf


All information on this site is © ElectionsInfo.net and should not be used without attribution.