Bill

Bill > S3159


NJ S3159

NJ S3159
Requires development of universal financial disclosure form for persons required to file financial disclosure statements with multiple public bodies; authorizes Joint Legislative Committee on Ethical Standards to accept form; codifies financial disclosure requirement for municipal prosecutors.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

Under current law, requirements to file annual financial disclosure statements are prescribed for certain government officers and employees at all levels of government. At the State level, State officers and employees and special State officers and employees are required to file financial disclosure statements with the State Ethics Commission. At the local government level, local government officers are required to file financial disclosure statements with the Local Finance Board in the Division of Local Government Services in the Department of Community Affairs. School officials are required to file such statements with the School Ethics Commission. The contents of these statements may vary by the applicable law, regulation, or executive order. Therefore, persons who hold multiple government offices or positions, including as volunteers on public boards and commissions, are subject to the respective disclosure requirements for each office or position held, thereby having to file multiple separate financial disclosure statements each year. This bill codifies the requirement that municipal prosecutors annually register with the Division of Criminal Justice in the Department of Law and Public Safety by filing a financial disclosure statement. Currently, these requirements are established by Attorney General Directive. This bill requires the development of a single form for use by persons required to file multiple financial disclosure statements with various public bodies. Under the bill, the State Ethics Commission, in consultation with the Office of the Attorney General, Joint Legislative Committee on Ethical Standards, School Ethics Commission and the Local Finance Board, would develop a universal financial disclosure form within 90 days of the bill's effective date. The universal form would be designed to enable any person who is required by law, regulation, or executive order to file a financial disclosure statement with more than one government entity to do so by completing and submitting that single form, including any additional addenda that may be required. Under the bill, the universal form would meet all content requirements for disclosure as stipulated by any applicable law, regulation, or executive order. Furthermore, the bill directs the State Ethics Commission, Attorney General, School Ethics Commission, and Local Finance Board to make the form available on their respective official websites. The bill also allows the Joint Legislative Committee on Ethical Standards to adopt the universal form at its discretion.

AI Summary

This bill requires the development of a single, universal financial disclosure form for individuals who must file such statements with multiple government entities, aiming to streamline the process and reduce the burden of submitting separate forms. The State Ethics Commission, in consultation with other relevant bodies like the Office of the Attorney General and the Local Finance Board, will create this form within 90 days of the bill's enactment, ensuring it meets all disclosure requirements for any applicable law, regulation, or executive order. The bill also codifies the existing requirement for municipal prosecutors to file annual financial disclosure statements with the Division of Criminal Justice, and it allows the Joint Legislative Committee on Ethical Standards to accept this universal form for legislators' disclosures, with provisions to protect personal identifying information from public disclosure beyond the filer's name.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/13/2026)

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