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Bill > S2057
NJ S2057
NJ S2057Revises certain requirements for applicants to become certified municipal finance officers.
summary
Introduced
01/09/2024
01/09/2024
In Committee
12/05/2024
12/05/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
Revises certain requirements for applicants to become certified municipal finance officers.
AI Summary
This bill revises the requirements for individuals seeking to become certified municipal finance officers, who are responsible for managing the finances of local government entities. Key changes include broadening the acceptable academic majors for a baccalaureate degree to include finance, economics, public administration, or equivalent subjects, in addition to business administration and accounting, and allowing applicants with a Master's degree in these fields to qualify even if their undergraduate major wasn't directly related. The bill also expands the types of relevant work experience that can substitute for a college degree, now including positions in state, federal, private sector, or non-profit entities, not just municipal roles. Additionally, it clarifies that "academic credits" are used when substituting college education for work experience, and allows the director to adjust the application fee from the current $50.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Reported from Senate Committee with Amendments, 2nd Reading (on 12/05/2024)
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/2024/S2057 |
| BillText | https://pub.njleg.gov/Bills/2026/S2500/2057_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S2500/2057_R1.HTM |
| Analysis - Statement SCU 12/5/24 | https://pub.njleg.gov/Bills/2024/S2500/2057_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S2500/2057_I1.HTM |
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