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NJ A214

NJ A214
Expands range of local units eligible to join an insurance fund established by a municipality or county under certain circumstances.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides that, for the purposes of N.J.S.40A:10-6, which provides for the establishment of insurance funds by the governing body of any local unit under certain circumstances, "local unit" means a county, municipality, board of education, county college, county vocational school, and any municipal authority. Under current law, a board of education is permitted to participate in a county insurance fund under N.J.S.A.18A:18A-2 and a municipal insurance fund under N.J.S.A.40A:10-6.1 and N.J.S.A.40A:10-52 (as well as N.J.S.A.40A:10-53, -54, and -55 with regard to participation by all-purpose regional school districts, consolidated school districts, and limited-purpose school districts). A county vocational school district is permitted to participate in a county insurance fund under N.J.S.A.40A:10-56 and N.J.S.A.40A:10-57. A county college is permitted to participate in a county insurance fund under N.J.S.A.18A:64A-25.40; however, there is no current statutory authority for a county college to participate in a municipal insurance fund. Similarly, there is no current statutory authority for a municipal authority to participate in a county or municipal insurance fund. This bill would collect all such local units under a single statute and provide the authority for participation in such insurance funds.

AI Summary

This bill expands the range of local units that are eligible to join an insurance fund established by a municipality or county. Under the current law, only counties, municipalities, boards of education, all-purpose regional school districts, consolidated school districts, and limited-purpose school districts were allowed to participate in such insurance funds. This bill adds county colleges, county vocational schools, and municipal authorities to the list of eligible local units, providing them with the statutory authority to participate in these insurance funds.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)

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