New Jersey Republican lawmakers yesterday announced that they believe Gov. Jon Corzine's $38 billion debt restructuring proposal to be unconstitutional and have asked the Office of Legislative Services to evaluate the constitutionality of the plan.

The minority leaders in the Senate and the General Assembly said the new public benefit corporation that Corzine would create to oversee the state's toll roads, implement toll hikes, and collect toll revenues would act more like a franchise than a government entity, raising the question of whether the entity's structure complies with the state constitution.

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