S169 — Requires public referendum prior to issuance of general obligation bonds by local units.

S169 — Requires public referendum prior to issuance of general obligation bonds by local units. · Informed CitizenryThe legislation amends the Local Bond Law (N.J.S.40A:2-1 et seq.) and the Local Budget Law (N.J.S.40A:4-1 et seq.) to require that, prior to the issuance of general obligation bonds by a local unit…Open in Informed Citizenry