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Bill > A5439
NJ A5439
NJ A5439Changes deadline for New Jersey Racing Commission's annual report from end of calendar year to end of State fiscal year.
summary
Introduced
03/08/2021
03/08/2021
In Committee
11/15/2021
11/15/2021
Crossed Over
05/20/2021
05/20/2021
Passed
01/10/2022
01/10/2022
Dead
Signed/Enacted/Adopted
01/18/2022
01/18/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill changes the date on which the New Jersey Racing Commission's annual report to the Governor is due from the end of the calendar year to the end of the State fiscal year. This change will make the reporting process more effective. The Racing Commission does not have access to all data needed for the commission's annual report by the end of the calendar year. As a result, the commission has to file an incomplete report at the end of the calendar year in order to meet the statutory requirement, and then file an additional, supplemental report when the additional information becomes available. Changing the date on which the Racing Commission's annual report is due will eliminate the need to file multiple and incomplete reports in order to meet statutory reporting requirements.
AI Summary
This bill changes the deadline for the New Jersey Racing Commission's annual report to the Governor from the end of the calendar year to the end of the State fiscal year. This change will make the reporting process more effective, as the commission does not have access to all the necessary data by the end of the calendar year, requiring them to file an incomplete report initially and then a supplementary one later. By aligning the reporting deadline with the end of the fiscal year, the commission will be able to provide a complete and accurate annual report without the need for multiple filings.
Committee Categories
Business and Industry, Government Affairs
Sponsors (5)
Last Action
Passed Senate (Passed Both Houses) (39-0) (on 01/10/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/A5439 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A9999/5439_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A9999/5439_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A9999/5439_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A9999/5439_I1.PDF |
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