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NJ S4719

Bill

Status

Introduced

10/20/2025

Primary Sponsor

John Burzichelli

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires the Governor's annual budget message to include a detailed report on societal benefits charge revenues and expenditures for the five most recent fiscal years plus the current fiscal year

  • Mandates itemized reporting of revenues allocated to demand side management programs including energy efficiency, distributed energy resources, renewable energy programs, and planning/administration

  • Requires disclosure of funds allocated to the Universal Services Fund, including amounts for the Lifeline Credit Program and Tenants' Lifeline Assistance Program that assist low-income utility customers

  • Requires reporting on Plug-in Electric Vehicle Incentive Fund allocations, including the light duty plug-in electric vehicle incentive program

  • Mandates disclosure of societal benefits charge revenues retained by each electric and gas public utility as approved by the Board of Public Utilities

  • Takes effect immediately and first applies to the fiscal year beginning July 1, 2026

Legislative Description

Requires report of societal benefits charge revenues and expenditures to be included in the Governor's annual budget message.

Economic Growth

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

10/20/2025

Committee Referrals

Economic Growth10/20/2025

Full Bill Text

No bill text available