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NJ A4356
Bill
Status
5/10/2024
Primary Sponsor
Roy Freiman
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AI Summary
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Requires the State Treasurer to design and implement a zero-based budget process by July 1, 2019, to be used for fiscal years beginning July 1, 2020 and thereafter, where spending agencies must justify their entire budget requests based on program goals and cost-effectiveness rather than prior year spending levels
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Mandates that all state spending agencies submit detailed justifications including: statements of goals and objectives, legal authority for programs, methodology descriptions, itemized cost estimates for current and minimum service levels, and identification of affected stakeholders
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Requires agencies to numerically rank and prioritize their activities, programs, and services based on capacity to fulfill stated goals, and to identify any overlapping programs administered by other governmental entities
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Directs the State Treasurer to submit annual reports to the Governor and Legislature by December 1st each year, beginning in 2020, detailing implementation progress, shortcomings, and recommended improvements to the zero-based budget process
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Incorporates zero-based budget data into the Governor's annual budget message to the Legislature, making justification information publicly available for legislative and public review of proposed state spending
Legislative Description
"Zero-Based Budget Act;" requires State Treasurer to develop and integrate certain zero-based budgeting practices and procedures in preparation and submission of Governor's annual budget message.
Budget
Last Action
Introduced, Referred to Assembly Budget Committee
5/10/2024