Bill
Bill > S3184
summary
Introduced
10/06/2022
10/06/2022
In Committee
01/04/2024
01/04/2024
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes "Resiliency and Environmental System Investment Charge Program."
AI Summary
This bill establishes the "Resiliency and Environmental System Investment Charge Program" (RESIC), which allows water and wastewater utilities in New Jersey to recover costs related to complying with environmental requirements, improving system resiliency, and replacing certain treatment media. The bill outlines the process for utilities to seek approval for a RESIC rate, the types of eligible projects, how the RESIC rate is calculated, and the requirements for utilities to file semi-annual RESIC reports. The RESIC rate is subject to a cap that increases over time up to a maximum of 5% of the utility's total annual revenue.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (3)
Last Action
Substituted by A4791 (3R) (on 01/08/2024)
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/2022/S3184 |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3184_R2.HTM |
| Analysis - Statement SBA 1/4/24 1R | https://pub.njleg.gov/Bills/2022/S3500/3184_S4.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3184_R1.HTM |
| Analysis - Statement Senate 12/11/23 | https://pub.njleg.gov/Bills/2022/S3500/3184_S3.PDF |
| Analysis - Statement SBA 3/6/23 | https://pub.njleg.gov/Bills/2022/S3500/3184_S2.PDF |
| Analysis - Statement SEG 11/3/22 | https://pub.njleg.gov/Bills/2022/S3500/3184_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3184_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S3500/3184_I1.PDF |
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