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Bill > A3840


NJ A3840

NJ A3840
Requires fiscal notes for all bills that establish new programs or expand existing programs.


summary

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

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill amends current law to require the preparation of a fiscal note for any bill that establishes a new program or expands any existing program, provided that the costs of the program are borne by the State or any political subdivision thereof. Current law requires a fiscal note to be prepared for all bills that may increase or decrease the expenditures or revenues of the State. The bill expands the scope of this requirement to specifically include all bills that create a new program or expand existing programs.

AI Summary

This bill expands the requirement for fiscal notes, which are official analyses of the financial impact of proposed legislation, to include any bill that establishes a new government program or significantly expands an existing one, as long as the costs are covered by the state or its local governments (political subdivisions). Previously, fiscal notes were only mandated for bills that could generally increase or decrease state spending or income, but this change specifically targets new or expanded programs to ensure their financial implications are clearly understood before they are considered.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Introduced, Referred to Assembly Oversight, Reform and Federal Relations Committee (on 01/13/2026)

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