Bill

Bill > A2505


NJ A2505

NJ A2505
Prohibits sewerage authorities, municipal authorities, and local units of government from charging interest on unpaid sewer fees and charges attributable to State or local entities, including housing authorities.


summary

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

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would clarify that sewerage authorities, municipal authorities, and local units of government that create sewer utilities are permitted to charge interest on unpaid rates or rentals imposed for direct or indirect connection with, or the use or services of, sewerage authorities, municipal authorities, or sewerage facilities, but those entities cannot impose interest on unpaid rates or rentals attributable to the State or a local unit, or any of their agencies and authorities, including, but not limited to, a housing authority.

AI Summary

This bill prohibits sewerage authorities, municipal authorities, and local units of government from charging interest on unpaid sewer fees and charges attributable to the State or local entities, including housing authorities. The bill clarifies that these authorities can still charge interest on unpaid sewer fees and charges for other users, but not for State or local government entities.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

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

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