summary
Introduced
06/02/2022
06/02/2022
In Committee
06/27/2023
06/27/2023
Crossed Over
06/30/2023
06/30/2023
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes fringe benefit rate for State colleges and universities.
AI Summary
This bill establishes a separate fringe benefit rate for state colleges and universities, starting in the 2025 fiscal year and each year thereafter. The separate fringe benefit rate will reflect the actual cost of employee retirement programs at those institutions and will be applied to all federal, dedicated, and non-state funded programs. The bill also specifies that the Director of the Division of Budget and Accounting in the Department of the Treasury will be responsible for setting this separate rate.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (8)
Jim Beach (D)*,
Andrew Zwicker (D)*,
Sandra Cunningham (D),
Patrick Diegnan (D),
Linda Greenstein (D),
Gordon Johnson (D),
Nellie Pou (D),
Teresa Ruiz (D),
Last Action
Received in the Assembly without Reference, 2nd Reading (on 06/30/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2747 |
| Fiscal Note - Fiscal Estimate 7/6/23; 2R | https://pub.njleg.gov/Bills/2022/S3000/2747_E2.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S3000/2747_R2.HTM |
| Analysis - Statement SBA 6/27/23 1R | https://pub.njleg.gov/Bills/2022/S3000/2747_S2.PDF |
| Fiscal Note - Fiscal Estimate 6/22/23; 1R | https://pub.njleg.gov/Bills/2022/S3000/2747_E1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S3000/2747_R1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S3000/2747_R1.PDF |
| Statement SHI 6/9/22 | https://www.njleg.state.nj.us/Bills/2022/S3000/2747_S1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S3000/2747_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S3000/2747_I1.PDF |
Loading...