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NJ S2707
Bill
Status
Introduced
2/15/2024
Primary Sponsor
Shirley Turner
Click for details
AI Summary
- Prohibits the New Jersey Board of Public Utilities from approving electric or gas utility rate increases that would raise average residential customer bills by more than 2% total over any five-year period
- Applies to both electric and gas public utilities regulated by the BPU
- Takes effect immediately upon enactment
- Sponsored by Senators Britnee N. Timberlake (District 34, Essex) and Brian P. Stack (District 33, Hudson), with co-sponsorship by Senator Burgess
- Pre-filed for introduction in the 2026 legislative session of the 222nd New Jersey Legislature
Legislative Description
Requires contracts for professional services be awarded by certain bi-state authorities pursuant to competitive contracting process.
Transportation
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee
2/15/2024
Committee Referrals
Transportation2/15/2024
Full Bill Text
No bill text available