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Bill > S1984


NJ S1984

NJ S1984
Changes reporting date and certain data requirements for NJT annual report; establishes penalty for failure to issue report in timely manner; and establishes quarterly reporting requirements.


summary

Introduced
03/05/2020
In Committee
03/05/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill changes the reporting date for the New Jersey Transit Corporation's (NJ Transit) annual report and financial statements to the 90th day following adoption of the NJ Transit budget. The bill also requires the annual report to include on-time performance data of rail passenger service for both peak and non-peak hours. The bill provides that if NJ Transit does not comply with the deadline for the annual report, the NJ Transit board of directors is prohibited from voting or acting on any agenda item until the report is submitted. If NJ Transit is more than 90 days late in submitting the report, the bill requires the executive director of NJ Transit to convene public hearings throughout the State. The bill requires that one public hearing be held in each county for a minimum requirement of 21 public hearings. The executive director is required to physically attend each public hearing. If the executive director fails to comply with the public hearing requirements by the 150th day following the adoption of the NJ Transit budget, the bill provides that the executive director thereby forfeits the office of executive director. The bill also requires NJ Transit to submit quarterly reports to the Governor and the Legislature that provide the same data and information that is required to be included in the annual report.

AI Summary

This bill changes the reporting date for the New Jersey Transit Corporation's (NJ Transit) annual report and financial statements to the 90th day following adoption of the NJ Transit budget. The bill also requires the annual report to include on-time performance data of rail passenger service for both peak and non-peak hours. If NJ Transit does not submit the annual report by the 90th day, the NJ Transit board of directors is prohibited from voting or acting on any agenda item until the report is submitted. If the report is more than 90 days late, the executive director of NJ Transit must convene public hearings throughout the state. The bill also requires NJ Transit to submit quarterly reports to the Governor and Legislature that provide the same data and information as the annual report.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Transportation Committee (on 03/05/2020)

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