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NJ S808

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Anthony M. Bucco

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires the State Treasurer and Chief Technology Officer to maintain a free, searchable public website displaying State expenditures, revenues, and contracts for fiscal transparency

  • Mandates publication of specific spending details including Governor's Office travel costs, Attorney General external legal services, Tourism Division advertising, Corrections Department electricity, Pension Division postage, and Agriculture Department vehicle fuel

  • Requires analysis of State economic development tax credit programs, identifying recipient businesses, subsidy amounts, recaptured funds, and comparison of projected versus actual job creation and capital investment

  • Compels publication of a user-friendly financial analysis (maximum 35 pages with graphs) based on the Comprehensive Annual Financial Report, written in plain language for average taxpayers

  • Requires disclosure of any transactions or government entities excluded from the transparency website along with reasons for exclusion, while prohibiting publication of information deemed private or confidential under State or federal law

Legislative Description

Requires State Treasurer to publish certain State expenditure and revenue information on government transparency website.

State Government, Wagering, Tourism & Historic Preservation

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

1/9/2024

Committee Referrals

State Government, Wagering, Tourism & Historic Preservation1/9/2024

Full Bill Text

No bill text available