NJ S747

Governor's annual budget message must include a report on societal benefits charge revenues and expenditures, covering the five most recently completed fiscal years plus the current fiscal year

Report must detail total revenue collected through the societal benefits charge and itemize amounts allocated for energy efficiency programs, distributed energy resources, renewable energy programs, and related administration

Report must include expenditures from the Universal Services Fund, specifically the Lifeline Credit Program and Tenants' Lifeline Assistance Program that provide utility assistance

Report must account for Plug-in Electric Vehicle Incentive Fund allocations, including light duty electric vehicle incentive programs

New Jersey Board of Public Utilities must assist the Governor in preparing the report, with requirements taking effect for fiscal year beginning July 1, 2026