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NJ A5693

NJ A5693
Requires BPU to develop program to promote certain energy businesses in the State.


summary

Introduced
11/20/2023
In Committee
12/28/2023
Crossed Over
12/21/2023
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Requires BPU to develop program to promote certain energy businesses in the State.

AI Summary

This bill requires the New Jersey Board of Public Utilities (BPU) to develop a program to promote women-owned, minority-owned, veteran-owned, and LGBTQ-owned energy businesses, such as brokers, electric power suppliers, and gas suppliers, through public information campaigns, marketing, advertising, and other means. The program sets goals for the percentage of natural gas and electricity purchased by business customers and public entities that must be sourced from these types of energy businesses, starting at 5% and increasing to 25% over four years.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Last Action

Received in the Senate, Referred to Senate Environment and Energy Committee (on 12/28/2023)

bill text


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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2022/A5693
Fiscal Note - Fiscal Estimate 12/26/23; as introduced https://pub.njleg.gov/Bills/2022/A6000/5693_E1.PDF
Analysis - Statement AAP 12/18/23 https://pub.njleg.gov/Bills/2022/A6000/5693_S2.PDF
Analysis - Statement ATU 12/11/23 https://pub.njleg.gov/Bills/2022/A6000/5693_S1.PDF
BillText https://pub.njleg.gov/Bills/2022/A9999/5693_I1.HTM
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