Bill > A958

Introduced Session

This bill changes the reporting date for the New Jersey Transit Corporation's (NJ Transit) annual report and financial statements to the 90th day following adoption of the NJ Transit budget. The bill also requires the annual report to include on-time performance data of rail passenger service for both peak and non-peak hours. The bill provides that if NJ Transit does not comply with the deadline for the annual report, the NJ Transit board of directors is prohibited from voting or acting on any agenda item until the report is submitted. If NJ Transit is more than 90 days late in submitting the report, the bill requires the executive director of NJ Transit to convene public hearings throughout the State. The bill requires that one public hearing be held in each county for a minimum requirement of 21 public hearings. The executive director is required to physically attend each public hearing. If the executive director fails to comply with the public hearing requirements by the 150th day following the adoption of the NJ Transit budget, the bill provides that the executive director thereby forfeits the office of executive director. The bill also requires NJ Transit to submit quarterly reports to the Governor and the Legislature that provide the same data and information that is required to be included in the annual report.

AI Summary

Committee Categories

Michele Matsikoudis (R)*,  Nancy Muñoz (R)*, 

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/09/2024)

Official Document