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Parker McCay Blog
Posts from August 2020.
By Jeffrey D. Winitsky on August 13, 2020
STATE COVID 19 BOND ACT SURVIVES LEGAL CHALLENGE

On August 12, 2020 the Supreme Court of New Jersey held up the constitutionality of the controversial "New Jersey COVID-19 Emergency Bond Act” ("COVID Bond Act"), which authorizes the State of New Jersey ("State") to borrow up to $9.9 billion to address the fiscal crisis that has resulted from the continuation of the COVID-19 pandemic.

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