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LONEGAN v. STATE

819 A.2d 395 (2003)

176 N.J. 2

Steven M. LONEGAN; Stop the Debt.Com, LLC, Plaintiffs-Appellants, v. STATE of New Jersey; Roland M. Machold, Treasurer of the State of New Jersey; New Jersey Sports and Exposition Authority; New Jersey Educational Facilities Authority; New Jersey Economic Development Authority; New Jersey Transportation Trust Fund Authority, Defendants-Respondents.

Supreme Court of New Jersey.

Decided April 9, 2003.

Attorney(s) appearing for the Case

Andrew T. Fede, Hackensack, argued the cause for appellants (Contant, Atkins, Rogers, Fede & Hille, attorneys).

Allison E. Accurso, Assistant Attorney General, argued the cause for respondents State of New Jersey, Roland M. Machold, Treasurer of the State of New Jersey, New Jersey Educational Facilities Authority, New Jersey Economic Authority and New Jersey Transportation Trust Fund Authority (David Samson, Attorney General of New Jersey, attorney; Mr. Samson, Ms. Accurso and Patrick DeAlmeida, Deputy Attorney General on the brief).

Sandy L. Galacio, Jr., Hackettstown, submitted a letter in lieu of brief on behalf of respondent New Jersey Sports and Exposition Authority (Courter, Kobert, Laufer & Cohen, attorneys).

The opinion of the Court was delivered by PORITZ, C.J.

Today we reject a broad challenge to the validity of fourteen New Jersey statutes authorizing contract or appropriations-backed debt. By our holding, we reaffirm over fifty years of precedent from this Court and align the Court, as before, with the decisions from a majority of our sister states. Our decision is based in the unambiguous and clear language of Article VIII, Section II, paragraph 3, of the New Jersey...

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