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Bill > A2753


NJ A2753

NJ A2753
Requires DEP to submit annual financial report on status of certain fund balances.


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 requires the Department of Environmental Protection (DEP) to compile and submit to the Governor and the Legislature, on or before March 1 of each year, an annual report detailing the appropriated and unappropriated balances of special funding accounts under the department's jurisdiction. Such accounts, often referred to as "off-budget," "below the line" or "special revenue" accounts, would include those supported by bond acts, dedicated revenues, taxes or fees, special purpose or one-time appropriations, federal or non-State contributions, and other similar funding sources not generally available for scrutiny by the Legislature or the public. The bill also requires the DEP to submit an initial interim report, based upon the most recent data available, within 30 days after the date of enactment of the bill into law.

AI Summary

This bill requires the Department of Environmental Protection (DEP) to compile and submit to the Governor and the Legislature an annual report detailing the appropriated and unappropriated balances of special funding accounts under the department's jurisdiction. These accounts, often referred to as "off-budget," "below the line" or "special revenue" accounts, are supported by various funding sources, including bond acts, dedicated revenues, taxes, fees, federal or non-State contributions, and other similar funding sources not generally available for scrutiny by the Legislature or the public. The bill also requires the DEP to submit an initial interim report within 30 days after the date of enactment of the bill.

Committee Categories

Agriculture and Natural Resources

Sponsors (4)

Last Action

Introduced, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee (on 01/09/2024)

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