S2334 — Eliminates five percent down payment requirement for bond ordinances approved by counties and municipalities.

S2334 — Eliminates five percent down payment requirement for bond ordinances approved by counties and municipalities. · Informed CitizenryThis bill amends N.J.S.40A:2-11 to change the requirement for counties and municipalities to provide a down payment when issuing local bonds. It modifies the law to allow a bond ordinance to approp…Open in Informed Citizenry