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Bill > A1273


NJ A1273

NJ A1273
Requires DEP to submit annual financial report on status of certain fund balances.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill requires the Department of Environmental Protection (DEP) to compile and submit to the Governor and the Legislature, on or before March 1 of each year, an annual report detailing the appropriated and unappropriated balances of special funding accounts under the department's jurisdiction. Such accounts, often referred to as "off-budget," "below the line" or "special revenue" accounts, would include those supported by bond acts, dedicated revenues, taxes or fees, special purpose or one-time appropriations, federal or non-State contributions, and other similar funding sources not generally available for scrutiny by the Legislature or the public. The bill also requires the DEP to submit an initial interim report, based upon the most recent data available, within 30 days after the date of enactment of the bill into law.

AI Summary

This bill requires the Department of Environmental Protection (DEP) to submit an annual financial report detailing the appropriated and unappropriated balances of various special funding accounts under its jurisdiction, such as those supported by bond acts, dedicated revenues, taxes, or fees. The report must include information about the statutory authority, funding sources, and account balances for these "off-budget" or "special revenue" accounts. The bill also requires the DEP to submit an initial interim report within 30 days of the bill's enactment.

Committee Categories

Agriculture and Natural Resources

Sponsors (6)

Last Action

Introduced, Referred to Assembly Environment and Solid Waste Committee (on 01/14/2020)

bill text


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